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


To: bumblin bob who wrote (57961)3/12/2007 1:40:27 PM
From: lexi2004  Read Replies (1) | Respond to of 59879
 
DSTI isn't that easy to trade IMHO. I trade it a lot for my husband and if I had tight stops I'd always get stopped out. This may not sound like smart trading, but I'll share what I do with him.:) I bought him 2k last week at over 4, then it dropped to 3.86 or so and I added another 2k. That made his average right below 4. As I said, I didn't have stops for I know this is all over and I'd choose to ride it than keep getting stopped out. Not everyone trades like that and am sure it's a good thing. LOL Today it passed Friday's HOD and moved up nicely. So far it hit 4.19. I usually just trade much of his shares for an approximate 400 profit then walk away whether it goes up more or not. At least then I know I lock in regular profits. If I sold for the normal .20 I do, since I have double the shares for him, that would be around $800 profit, minus commissions. It looks like it's going to hit his .20. For me, I hold my shares longer and am waiting for a higher move than this. Again, to each his own.:)

Lexi