Well Bill, it's late saturday night so it just must be us married guys up right now, but i personally want to thank Macker, Byron and Rocketman and a few others. They have been through this before and know what to expect. I, like many others are fairly new to the BB game, which is very cut throat, but do i ever believe them when they say no STOP LOSS LIMITS. All those MM p%icks do is see you dangling in the water like dead bait, swoop the bid/ask down for 10 seconds, suck up your shares and move it back up to where is was.
I haven't had this happen to me, but believe me, my broker said put a .40 cent stop loss limit friday morning, YEAH RIGHT, if i would have done that while i was at work, i would have lost my shares and would have to buy back in at .53 cents minimum, plus tuesday gap up ???
So please, if your going to ride this ship, please follow the simple rules besides keeping your seatbelt on, never ever use STOP LOSS LIMITS. You are going to only hurt yourself, this is an EVIL game that we will play with the MM's for the next 3 weeks until we become ME and all shorts are covered back.
Some people on this thread have posted excellent info and DD, and remember learn from others mistakes, don't get burned yourself and then say, GEE thats what the guys on the ICVI thread said, NO STOP LOSS LIMITS.
Why get burned, when others have and are willing to show you how not to. <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
Goodevening
TheVinnieMan |