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Strategies & Market Trends : Ride the Tiger with CD
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To: Canuck Dave who wrote (205438)10/25/2011 8:06:16 AM
From: tyc:>1 Recommendation  Read Replies (3) of 312407
 
Thanks, CD. Yes, it did say that. Whether one can construe from that a stock should be sold as soon as it declines in price and that trading is beneficial, are moot points. Volatility is common,,,, stocks go down, even eventual winners... witness Jag, CS, OGC, etc. (I too sold some CS when it declined recently to $2.50.)

I like this quote from a successful trader (Seycota): "Surrender to the reality of volatility exists, or volatility will introduce you to the reality that surrender exists".
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