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To: Kirk © who wrote (2929)10/30/2018 4:16:05 PM
From: Da Rookie  Respond to of 3256
 
I was definately one that bought to soon but I'm one of those rookies that try's to hard to please the boss. Still holding on, heh by my boot straps. :0

Glad its not a big part of folio



To: Kirk © who wrote (2929)10/30/2018 7:21:30 PM
From: Underexposed  Read Replies (1) | Respond to of 3256
 
An old friend passed on this bit of advice:

Never buy stock as it is falling to a support level... It may break that support and fall further. The time to buy is when it is rising from a support.

Never sell when rising to a resistance since it may pass through said resistance and rise higher.... however, prudence should be taken if you do intend to sell this stock by placing a limit stop-loss order on this stock. By doing so the stock will be sold if the attack at the resistance level fails BUT allows for the stock to pass through the resistance for further gains.

I have found this advice to be useful.

UE