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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (1206)11/28/1997 12:26:00 AM
From: TFF  Read Replies (4) of 12617
 
Day Trading vs Position Trading vs Investing - Quiz #1:

Assume you are day trading a stock and you see news come out on the stock. You see the stock move against you to the point where it has hit your stop and is dropping fast, do you:

1) close the position for a loss?

2) check to see what the news is? then make a decision?

3) do nothing?

Assume you are position trading a stock and you see news come out on the stock. You see the stock move against you to the point where it has hit your stop and is dropping fast, do you:

1) close the position for a loss?

2) check to see what the news is? then make a decision?

3) do nothing?

Assume you are investing in a stock(part of a diversified portfolio) and you see news come out on the stock. You see the stock move against you to the point where it has hit your stop and is dropping fast, do you:

1) close the position for a loss?

2) check to see what the news is? then make a decision?

3) do nothing?
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