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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: MMK who wrote (2690)12/28/1998 10:36:00 PM
From: Spark  Respond to of 56535
 
Melinda,
To add my two cents, bought a canadian stock BII at 2.90 a while back and decided I was going long with this internet-baby, it went up as much as 6.00 but I said forget about the temptation, this one will go way high one day. Couple days later it went down .30 below my original purchase price!!!!!!!!!!!! I panicked and sold. Bought back in later at $3.12. The fact that I didn't take any profits when BII hit 6. but sold when the stock went down .30 ......the mind boggles! Nothing wrong with a tight stop. but not taking profit, even with half your shares. Still learning, and loving it,
Spark