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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: Daniel Miller who wrote (3196)2/25/1998 7:56:00 PM
From: Tai Jin  Read Replies (1) of 12617
 
It all depends on your objective. Why did you buy this stock in the first place? Do you consider it an investment which you'll hold for a long time? Or are you trading on the momentum? I also bought it today and will be happy to exit at 2.

If you want to trade, you should learn to preset your exit point when you buy a stock. It helps to understand how the stock trades and the news surrounding its movement so that you can make a better guess as to what price is a reasonable exit over some period of time.

...tai
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