Taseko Mines Ltd T.TKO

Keeping score

[fishmillion]

For those keeping score.... my new stoploss is 1.9 .... why are the stoplosses looked at in poor light on here?... mine usually save my bacon and workout quite well....

[JoeStockIQ]

Take the chip off of your shoulder fishy, we already wished you well. Stop losses can be useful or not, depends on the situation. As you are aware from recent events, if you set the loss too near your entry point (example: getting in at $2.18 with a SL of a flat deuce), one anomaly like trading day can take you out right quick. As you are also aware, trading days such as the one that stopped you

[fishmillion]

Thank joe.. set the sl at days end.... thanks for the breakdown.... hope the beeeach finally takes off then this discussion becomes irrelevant....

[dheadley]

I don't think anybody expected TKO to collapse the way it did last week ....below $1.90. Trouble with stop lossess is they make tasty snacks for big fish.

[EStreet]

Not me for a stock like this, but to each their own,,. With two 10% drops in just the past two days,,. If you were running a 10% trailing stop, you loose your shares at 1.90 and 1.87 just to find out its trading at 2.10 a couple of hours later,,. ,. In fact, thats what I always thought these sudden dips were, Traders with deep pockets shorting the stock to take out the stops?

[nofluff]

Me little fish. But full meal deal:)) nf