***OT***
Two more questions for ya:
What are you putting your stop loss at?
Do you know if and where there is a site for watching the individual trades on stocks....i.e. how many actual shares change hands each trade?
bruno.
regarding your first question, actually, i never use stop losses. i'm strictly a long-term investor and feel that stop losses, particularly for a taxable account, are disadvantageous to the individual investor. imagine, for example, setting tight stop losses in MSFT over the past 10 years. such fluctuations would have caused one to buy and sell numerous times, generated commissions and more significantly, created a series of capital-gains taxes. on the other hand, the buy-and-holder saw no commissions (besides the initial buy), has still not paid uncle sam, and has a very sizable compounded return (albeit on paper).
finally, i believe that that when a small investor cuts their losses at say 10%, s/he is letting the market dictate their investment approach.
that's not to say i don't eventually cut my losers, of course. i'm exceedingly patient if the fundamentals hold and let my winners ride forever. specific to PRIA, i don't have a position; i suppose i follow it sentimentally. and i wouldn't be following them if i also didn't think their niche position and technology rawks!
regarding your second question, for individual trades, try:
quote.com
hope this helps,
-chris. |
