irby,,,when I trade my stocks of responsibility I pay no fees or commission,,,other T.O stocks I have to pay some charges,,,NY or NAZ stocks I have to pay a small comish,,I think it's 2 or 3 cents a share..
If I'm generally bearish , or bullish I will pick on our bank stocks,,,now if I short them ,,,and the market refuses to see it my way,,,I take my loss,,even if it starts to get away from me,,, once flat ,, maybe even have a smoke outside and come back,, take another look,, if I still feel the same way I will put the position back on if I can,,sometimes even higher than I covered,,,lots of times lower,,alternately , if I'm right and I cover for a profit when the general market starts to rally,,,but these stocks do not join in the rally,,I will put them back out , even at a lower price than I covered,,they have shown me their inherent weakness ,,,I suppose that's my reasoning,,,I guess what I'm trying to say is that it is a constant struggle in our head of dealing with where the price was,,,and no matter how short a time frame that was,,it's still history...
russell |
