TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: lexi2004 who wrote (58696)	6/2/2007 10:11:21 AM
From: TATRADER	Read Replies (5) of 59879

Hello Lexi and Everyone, As you know, I have not been around much the past few years. My regular job has been consuming me, and it will always be my first commitment above anything else... As a result, I have bought a few stocks, set stops, and not been good at returning posts to me... Let everyone be warned on this thread: 1. Playing stocks under $10.00 is a virtual mine field. Most pros don't even look at these stocks... 2. Be sure and always set stops on any position you play in these stocks. 3. Have a basket of stocks you are playing, to diversify your holdings.. 4. Remember, there will be times when you will have to stomach some good sized losses...The slogan, "Cut your losses, and ride your winners is a well known one... 5. Only buy stocks you have researched and studied and fit your criteria of trading... With that said, I recently took an 11K hit on VION...My stop was set, but the gap down took me out...Sometimes things like this happen...But that is the market....No need to cry over spilt milk.... Presently own: 1. 7000 shares of LMRA from 4.30 area....Stop set right below $4.00... Regards, Mark

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