Hi! Chief,Keith Massey and other,
I am new in this tread,I like to thank you ,Keith Massey and other
who give their advances and IMO here.I just learn to use stop sign
for my trading from here. I lost a lot of money and my last underwear last 2 yrs,now I know what's the mistakes (I didnot use a STOP SIGN!).
What's a p*ssoff day for me.I have been buying and selling MCF for last two weeks.I get in $4.3 yesterday,and I get kick out at $4.94 this morning and get in $6.00 and sell at $7.10,and try to get $7.40,didn't make it ,so I try again at $7.80,didn't make it again,MCF moves so fast that it was at $8.05,so I try MKT at Action Direct ,it take them more than 5 mins to do pending and trading my stock.I end up with MCF at $8.90 ,MCF drops down to $7.4.The @#*&^ discount brokerage Firm just p*ss me off.The services is just not good enough for daytraders.
I have some questions
When you order a trade,are you use the phone or internet ?
When you take profits from your stock,are you selling part of what you have or selling all of them and buy back later?
When the stock is in your long term portfolio,how low the stop sign you put(15% below the MKT ?)?
Thank again for all the help.
Sam |
