Daytrading Canadian stocks in Realtime 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.

Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: the Chief who wrote (2671)	1/20/1999 11:26:00 AM
From: keith massey	Read Replies (3) of 62348

Just a follow-up on cutting your losses. I know my $3700 loss on LWN wasn't much to many of you big losers out there :))) but it hurt like hell when I made myself cut my losses a couple of days ago and move on to something else. Well to make a long story short, LWN just hit $5.80 and is dropping fast. My $3700 loss would have turned into a $7900 (paper) loss if I would have done the stupid thing and held the stock waiting for a rebound. I used part of that money to play ATY and now MCF and made back a good part of my losses back. Two lessons well learned by myself by that trade: Always use stop losses and when you are too stupid to use stop losses at least be smart enough to cut your losses. Note: JDX was stopped cold once again at .55. Still watching and if a breakout start I will give a heads up. Best Regards KEITH

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next