GREY:SXRZF - Post by User
Comment by
308Uon Apr 05, 2011 2:05am
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Post# 18385327
RE: RE: i promise to keep uuu, for a start
RE: RE: i promise to keep uuu, for a startIf your stop is triggered and then an hour later the prices goes 10 cents higher, what do you do? Do you buy in again at a higher price? Which would be....buying higher and selling lower and then buying higher again? Sometimes you just have to be patient. If you are that jittery, you will lose a lot more.
What I think you have to do is, be patient! when it reaches your sell point.....not a rediculously higher sell price...then you should lock in your profit and then wait for a pull back 3 to 5 percent and then buy back in again. If you recently and a 10 to 20 percent rise, a 3 to 5 percent pull back is to be expected. This way you locked in 3 to 5 percent of the profit by having more shares.
JMHO