RE:Stop lossI never buy on a falling 30 day MA. Saved me a pile of dough through the years. I agree with your stop loss routine but to arbitrarily buy shares in a downtrending chart is a fools game. Proper technical analysis wins out every time. I'm glad you didn't get sucked into the "clown car" which btw is now fully engulfed in fire. GL
revved101 wrote:
At what point do you pull the plug? I managed to dollar cost average my way from a 75% loss position to below 30% with an average cost under $15. But this septic tank is a bottomless pit and it's exhausting trading in and out of this stock.
I did take a 15% profit before the long downward spiral began, so it could even out if I jumped out now.