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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (27196)10/10/2002 4:05:51 PM
From: DaringDon  Read Replies (1) | Respond to of 39683
 
Dr. Stoxx:

The only problem with that method is having to calculate how may shares you can buy for x dollars. It has to be done after you made your call and by that time the price (in most cases) has run away. If I set my price to what you got it for, it might never come back. Even hitting a MKT entry, after your call, I can be anywhere up to 10 cents higher or lower on a fixed share amount.

Don



To: Dr. Stoxx who wrote (27196)10/10/2002 9:38:04 PM
From: MeDroogies  Respond to of 39683
 
I agree...and I'm going to have to alter my approach. I haven't lost ALOT yet, but I'm down about $300. I tend to pick the ones that meet a few additional requirements that I apply to them, so I am less diversified...
I am getting very busy at work, so I don't have the time to spend analyzing this right now. Will have to revisit over the weekend.


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