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To: chris714 who wrote (24855)12/1/2003 11:54:14 PM
From: Little Joe  Respond to of 39344
 
Chris:

It has been a disaster for me. I now use mental stops and discipline.

Little joe



To: chris714 who wrote (24855)12/1/2003 11:54:43 PM
From: ralfph  Read Replies (1) | Respond to of 39344
 
Trailing Stops- About the only place I have placed one is on a stock that has candlesticked.
I find that these penny stocks can wipsaw much too much to bother placing a trailing stop... It is too easy to get shaken out.

BUT...with a stock like CBD it could be a very good place to try placing one.I had a mental one on it the last time I bailed.


good question

take care
ralfph



To: chris714 who wrote (24855)12/2/2003 9:10:39 AM
From: Condor  Respond to of 39344
 
I just can't imagine a trailing stop on the pinks. I think the mm's would rip you a new one in a New York minute. JMO.

cheers
C