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Microcap & Penny Stocks : Technical Trading of Pennies

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To: Warlock who wrote (152)7/8/1998 6:37:00 AM
From: paul s.  Read Replies (1) of 478
 
Thanks Patrick:
I've been selling most of my picks on the second day of a run up...mostly because I've been on a winning streak and like the thought of real money as opposed to paper...some I could have held for much more money, others for less so it's about even...my main problem lately is selling the losers in time to prevent larger downsides...that's a much harder move to make for me and I suspect for most people...lessons learned there...
AXGI...I'll hold and watch as long as volume continues and price is strong, otherwise I'll move on to another...had to sell at a small loss on AXGI last time after it oved 30% in 2 days because I didn't read the signs of a false breakout...
take care
paul
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