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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Shaw who wrote (34795)4/12/2000 4:21:00 PM
From: Lola  Read Replies (2) | Respond to of 62348
 
For those of you who traded RIM today and think you had a rough day here's a story that should make you feel a little better.

A coworker of my husband's decided that yesterday was a good time to load up on RIM ... so he did ... at about 130.00. Of course he didn't use a stop loss. OUCH!

Lola:)



To: Shaw who wrote (34795)4/12/2000 4:30:00 PM
From: Shack  Read Replies (1) | Respond to of 62348
 
Funny how most of us (including me) get a little freaked by shorting, I always cover way too early too. The ironic thing is that it takes bullish sentiment AND volume to move a stock up but a stock can fall simply on its own weight. I guess its the idea of "unlimited losses" that spooks us all (buy stops work for me). My shorts are the only trades that have consistently worked for these last 2 weeks.


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