LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Poet who wrote (7646)	2/1/1999 5:05:00 PM
From: AlienTech	Read Replies (1) of 43080

>>I fell into PRFM, bigtime << You should have been stopped out around 10 or at best err worst around 8. Reducing losses is the first order of business. I do not use stops, but I am a sucker for pain and suffering. 3. NEVER get emotionally tied to a stock under any circumstance. ANY gain, is better than any loss. And a small loss is much better that a larger one. This may sound obvious but I have seen many a trader and investor get caught by saying "I can't sell now".

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