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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Al Collard who wrote (11329)2/9/2003 9:57:20 AM
From: Al Collard  Read Replies (2) of 11802
 
To the thread:

I got a couple of PM's on why I advocate using a mental stop loss and not a real stop loss.

I have found on CDNX stocks if you put in an actual stop loss the MM's will rob you blind, since they can move the stocks wherever they want with a little volume. When you buy a stock on the CDNX always make a mental note where you want to place your stop loss and when it hits that level sell into the bid to ensure your order gets filled. Never show your hand to the CDNX vultures, (on the sell or buy) they will rob you. <ggg> JMHO

Al
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