OTCQB:UEXCF - Post by User
Post by
tillbillyon Feb 25, 2011 10:11am
304 Views
Post# 18193312
STOP IT!
STOP IT!If you can read a chart, decipher a pattern, trend and a trading range then why wouldn't you put in a stop loss?
Stoping out after a profit ( and protecting those profits) or before an obvious drop ( and preserving capitol) can only be dumb to fools. ESPEACIALLY with penny stocks that are volatile.
I regard my dollars as soldiers. I am the Comander in chief.
Before I put my Soldiers in harms way I ensure they have an exit stratedy in the event of an overwhelming force. (stop)
Aircover (hedge if posible) and a take prisoner policy.
I do not short stocks and I have no intention of tricking anybody out of anything in this world.
You want to sit there and watch your capital get decimated that's your business.(2.55-2.10?...now 2.15)
Sorry for my late response but the internet has been down here in Dom Rep for the last 18 hours. Another reason for stops.
Good luck with that.