Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: keith massey who wrote (11867)	5/8/1999 6:35:00 AM
From: New Economy	Read Replies (1) of 62348

Averaging down, thanks for the posts gentlement: I had a similar experience back when VNE on Alberta shot up to 3.25. I got in @ 2.90 thinking the MOMO was gonna rip past 5.00 but when the stock dropped down to 2.70 I waited. Then when it hit 2.20 I bought more to see it go down to like 1.25 and then 1.05. Finally after like 2 - 3 months stock shot up to 2.20 and I got out at a loss. I realized that I should have set a stop loss and walked away in Feb instead sitting on a dead stock with a lot of capital that could have been invested in BII when she was up from 6.00 to new highs.

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