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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Jan Crawley who wrote (36663)2/27/1998 12:11:00 PM
From: Jurgen  Read Replies (3) | Respond to of 61433
 
When i bought ASND at 25 i placed a stop at 22. I've adjusted the stop several times now to secure the profits. I try to leave enough room for a small pullback but sometimes i stop out too early.

Jurgen



To: Jan Crawley who wrote (36663)2/27/1998 5:19:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
You mean stop sell? I have never used stop sell before; but I have lots to learn. However,
My average is 33.5.

Jan,

It is my humble opinion that a stop loss sell order is typically a bad strategy. One will get "stopped out" at possibly the low for that day. If the security risk reward ratio is above your tolerance, you should sell the security in question.

Glenn


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