TSIG.com TIGI (formerly TSIG) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim B who wrote (2142)	7/19/1998 11:59:00 PM
From: Michael Turner	Read Replies (1) of 44908

Jim, I agree with your opinion about locking in some of your profits during a good trade. On the other hand, if the indicators that you are using look even stronger +1/2 or +1 1/2 into the trade, adding to the position may not be such a bad idea. Let's face it, if the stock that you are trading is strong...there is little upside technical resistance...the sector that you are trading in is strong, and the market is strong...why not go "longer?" You already have a cushion of profit to buffer you against a loss, and there may be a great opportunity to make a bundle on the trade. The only aspect of adding to a winner that I am VERY cognizant of is the percentage of my trading capital that is allocated to that one position. Too much is too risky, regardless of what the indicators are telling me! Regards, Michael Turner Author DayTrading into the Millennium tradersresource.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next