Canadian-under $3.00 Stock-Picking Challenge Message Board

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

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To: vds4 who wrote (11336)	2/9/2003 12:12:57 PM
From: Al Collard	of 11802

Martin, Buy a CDNX stock and put a stop loss just under your buy. Then watch in amazement as it gets picked off, time after time. The problem doesn't seem to be so bad on the TSE because as a rule there is more volume. The CDNX and TSE run the stops on stocks all the time. That is why I try to use mental stop losses instead of physical stop losses. How many times has your stop been hit only to have the stock bounce up right after your stop has been filled? It's much better to put in your mental stop loss then sell on the ensuing bounce after your price has been hit. JMO

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