Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: Pepper1 who wrote (2336)	5/22/1998 11:47:00 PM
From: Just-a-thought	Read Replies (2) \| Respond to of 11850

Evening Simon, Imo: It makes no difference....as lone as we learn.... from our trades....both good and bad.... if you make a $core....and don't know why.... you'll lose it...eventually.... If you find yourself on the wrong side of a trade... and lament over the $$ lost....your doomed to repeat!! on the other hand if you do an autopsy on it.... You 'WIN' for loseing!!! = 'Tuition'!!!...and so it goes. 'Good Luck'...and remember.. NO STOP LOSS TRADES!'.....JUST DON"T! People use them as 'baby sitters' while they go to work.. 'When dealing with pennies "DON'T PLACE STOP LOSS TRADES". ......The MM's love'em, when a stock starts To experience 'normal profit taking'.. (or any selling pressure) They reach down and gobble up 'stoploss trades'.... ( its a FREE LUNCH for them!!) they then move the price even lower!!...(they love it!!) They'll use limit 'buy orders' to make them look like 'SELLS'. 'walk it down ever more!!'... Costs them some $, but if they can induce a.... 'panic sell-off'...more than worth 10xs the price!! "DON'T LET THEM USE YOU!" There laughing at us all the way to the bank!!! If we keep shooting ourselves, with.... 'stop loss/limit' orders...(on pennies) (who needs 'Kavorkian'!) .... pretty soon we'll hit a vital organ!....like.... Our wallets or checkbook!!!.. Too many times at the end of a trading day we say 'OUCH'.... and wounder.....'What happened' to my stock!!...... This one reason as to what happened.. Just-A-Thought...(eat your heart out Mr 'Tolstoy')