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.
Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: John J. O`Reilly who wrote (15785)2/13/2003 7:57:11 PM
From: Bruce A. Brotnov  Read Replies (1) | Respond to of 16631
 
Yup, mph is less worse than me tonight. LOL

Bruce



To: John J. O`Reilly who wrote (15785)2/13/2003 10:33:46 PM
From: Bob V  Read Replies (2) | Respond to of 16631
 
Firstly John I would like to thank you for taking the time and effort to update the contest each day. It is greatly appreciated. I look forward to each update just to see how far I have slipped.

Although we are not doing so hot as a group maybe we can salvage some useful lessons from this exercise. If each of you were trading real money, where would you bail out of a stock going against you.

I looked at the charts of our stocks and a couple of things stood out. For the most part if we had sold our stocks when the price crossed the 20 day moving average most of us would be money ahead.

The second thing I noticed is that a few of the stocks started down with a bigger than average drop on above average volume.

Anyone else have any indicators or rules they use to get out of a bad trade.