SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (69463)7/11/2000 5:16:13 PM
From: AltLar  Respond to of 95453
 
I know a number of us are heavily margined now. I know what it is like to be margined on the way down and it it not pretty. I also know how profitable it is to be margined on the way up (like today - wow). If this run is going to continue I do not want to miss the opportunity for gain but I don't want to suffer doubly if it crashes.

I am setting stops on all of my margined purchases with a 10% or less gain at 5% below their cuurent value. For those margined stocks with a gain of greater than 10% I am setting stops at purchase price plus 50% of the gain. I will adjust those stop upward daily.

Any comments on the merits of this plan or other thoughts on risk management while using margin?

Thanks,
Larry



To: jim_p who wrote (69463)7/11/2000 5:51:09 PM
From: The Ox  Read Replies (2) | Respond to of 95453
 
Same for me, jim_p.

I came close to maxing out margin in my trading port the last few days buying mostly into KEG, ATW and DO close to the bottom. Trimmed a lot of stock and was off margin completely by the close.

I'd rather miss some upside then get whipsawed!!

WHAT A DAY!!!! Yeah baby - OSX up 10!!!


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News