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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (205438)10/25/2011 8:06:16 AM
From: tyc:>1 Recommendation  Read Replies (3) | Respond to of 312356
 
Thanks, CD. Yes, it did say that. Whether one can construe from that a stock should be sold as soon as it declines in price and that trading is beneficial, are moot points. Volatility is common,,,, stocks go down, even eventual winners... witness Jag, CS, OGC, etc. (I too sold some CS when it declined recently to $2.50.)

I like this quote from a successful trader (Seycota): "Surrender to the reality of volatility exists, or volatility will introduce you to the reality that surrender exists".