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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: keith massey who wrote (1218)6/3/1999 3:02:00 PM
From: Wizzer  Read Replies (1) | Respond to of 2259
 
OT: Keith et al., what do you consider a "loose STOP"? I am having a little difficulty in determining what is an appropriate STOP that will give the stock room to move. I was thinking 50 cents or so on a stock that trades for dollars. I normally do not buy more than 1000 or 500 shares of a several dollar company. Is this unreasonable? I know it depends on your tolerance, as well as how much a person is buying, but it would be interesting to know nonetheless.

Regards, Wisam