StockFetcher Forums · General Discussion · I need some advice about curtailing losses<< 1 2 3 4 >>Post Follow-up
karennma
6,386 posts
msg #56430
Ignore karennma
11/5/2007 9:32:33 AM

well, at least they're moving in tandem.
let's all march together ... 1-2-3-
gap d-o-w-n!


karennma
6,386 posts
msg #56431
Ignore karennma
11/5/2007 9:38:43 AM

THIS is the dialogue I was trying to have with a person who will remain nameless ....
When you just "hold" stocks, you can get your shirt ripped right off of you, if you're "holding" at the wrong time.


karennma
6,386 posts
msg #56432
Ignore karennma
11/5/2007 9:49:17 AM

ahhhhh ...
that wasn't so bad ...
kinda like getting a tooth pulled ...
the pain doesn't last long ...
:>)


nikoschopen
2,824 posts
msg #56440
Ignore nikoschopen
11/5/2007 12:58:33 PM

Karen,

Do you remember when I said that both bulls and bears make money but the pigs will end up in a slaughterhouse? I don't care how much Warren Buffett is able to make in 5 years, as my 401(k) brethren are so bent on preaching. I'm only happy to have made enough for the day, however small that may be. And if I end the day with a small loss, let it serve as a big lesson for my future trades.

You don't need to capture every move, nor do you need to stay in a losing position because ure either afraid to take a loss or miss out on a potential reversal. Here I begrudgingly stand with TRO. I've seen too many daytraders, who turn into swing traders, only to end up as a poster child of 401(k) Warren Buffet wannabes.

karennma
6,386 posts
msg #56442
Ignore karennma
11/5/2007 1:46:09 PM

Indeed!
Like that crap CROX I bot last week @ $49.00!!


petrolpeter
439 posts
msg #56443
Ignore petrolpeter
11/5/2007 2:11:22 PM

Sorry about your loss,couldn't you have gotten out pre market?Put DUG,DXD,MZZ,QID,SDD,SDS,SKF,SRS,TWM on the bottom of your trading screen and when the longs go down jump one of these with double leverage.The trading landscape has changed once again!

karennma
6,386 posts
msg #56446
Ignore karennma
11/5/2007 3:19:51 PM

Re: CROX
yeah, but I think it's on the rebound now ...
bottomed 15 minutes ago @ $40.31.


StockFetcher Forums · General Discussion · I need some advice about curtailing losses<< 1 2 3 4 >>Post Follow-up

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