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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: GTC Trader who wrote (53554)3/2/2006 6:27:21 AM
From: TATRADER  Respond to of 59879
 
It is when we edit the rules of trading that we end up losing...
1) Never hold through earnings
2) Stops set at all times
3) If the stock does not abide by the original plan, dump it immediately...Don't re-edit the original plan...

Recently, my pride got me by holding GORX longer than the trading plan...Fortunately, I bought the stock low to begin with anticipating a bounce...The bounce came but anemicly and only went back to 4.48 area...I sold half my position into that bounce, made a small profit, but ended up losing on the other half of the position where my pride kept me holding...

Good luck to you on NVAX....I am hoping to rebuy it in 4.75 area or when it reattacks its 52 week high......