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Strategies & Market Trends : Position Trading Forum

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To: Glenn who wrote (4023)	10/22/1998 7:35:00 AM
From: Paul A	Read Replies (2) of 7247

I would recommend buying a quotrek, this way you can keep an eye on your positions wherever you go. I personally like to do a lot of hiking to work off the stress, so what ill do is take a cell phone and the quotrek with me and so I can take the stress with me! I never set stop limits any longer because I find unless you set the limit really wide youll usually get stopped out typically at the bottom. I also seem to be noticing that typically if I make a bad trade and the stock dips about a point from where I bought- 9 out of 10 times the stock will make one more run near my purchase price before retreating back down another 1-2 points so you usually have a chance to get back out break even rather than loss a point or 2. Of course, I usually get greedy when I see it recover and loss anyway.. I did this with ASND, I lost a point and watched it come back to break even, only to loss the point again thus even MORE greed and I held thru the earnings for a nice 5 point loss... ill be trying to get a trade on the new ipo COC today.. Anyone know what its slated to be priced at? probably open up double that tho

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