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Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (11433)10/13/1999 4:36:00 PM
From: Ed Pakstas  Read Replies (1) | Respond to of 36688
 
Actually fuddle we do and are interested in fundamentals, but during trading hours we gotta put limits somewhere, otherwise we'll get nowhere and then it becomes a major sifting process...

techstocks.com

...ed



To: SwampDogg who wrote (11433)10/13/1999 4:44:00 PM
From: The Osprey  Respond to of 36688
 
Point taken fuddle but if one jumps in a MOMO stock and it gaps up then if a person does not use a stop(trailing)then they must be considering it more of an investment as they are not worrying about pullbacks.I don't give a crap about most of the companies I daytrade.I am only looking at MOMO and clipping a few cents here and there and using stops.I have got caught when the Broker was slow or momo was too fast.
As you know I have had some daytrades that I have made look really good and have doubled so I sold half and they are now long term holds but ONLY if I like the company after I have checke dthe fundamentals and did a little TA.One thing I have found though is TA and FA mean FA in these pennies.My philosophy is"BUY FAST,BUY WHAT YOU CAN AFFORD TO LOSE,PUT STOP IN PLACE and TRAIL IT UP"If the stock climbs move up the stop.If the stop gets hit on a pullback.Take your profit and move on to the next one.I traded VEN 6 Times and did very well with it.I posted my trades.

FWIW
The Osprey



To: SwampDogg who wrote (11433)10/13/1999 5:00:00 PM
From: Lola  Read Replies (1) | Respond to of 36688
 
A momo stock that has really bad fundamentals can become an investment . . . that's the problem. LOL

Osprey said . . . When we get into fundamentals we are looking at this more as an investment and that is not the purpose of this thread.

Lola:)