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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: TokyoMex who wrote (17862)11/27/1998 7:44:00 PM
From: TronicEye  Read Replies (1) of 119973
 
Hello all...new member here, have a few questions...
I've noticed from the posts that a lot of you are buying
humongo amounts of shares...I would like to do this too,
since it can yield humongo gains...but if I buy more than
1000 shares, I get, oh, shall we say..."jumpy". Do you
buy these shares in smaller blocks, as the stock goes up,
or banzai-all-at-once? And what kind of stop loss do you
use? Do you always sell your entire position on an opening
gap up, and buy it back on the first pullback? Of course, I
realize some traders have million dollar accounts, and can
absorb bigger losses, but I have a 100k cash account, and
can't afford to take too many $10,000 hits! All replies
are appreciated...
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