3309 Drysdale Ct
Edwardsville, IL 62025
seems to me you don't have a clear strategy. If in doubt and ahead of the game, sell some!
JMO
Yeah, I am still on the steep end of the learning curve w/ trading. Can't go wrong selling some, or so I've heard.
if it keeps going up after you sell, then you went wrong! happens to me all the time BUT it's better than giving it back!
well, I don't call that going wrong, just being prudent. I do have a stop in so that I will keep half of what I'm up so far. That's a strategy of sorts, I guess.
agree, but i HATE leaving money on the table! Just the gambler in me I guess...
also beware of stops, especially if it gaps (up or down overnight)
several easy rules.
1) can't go wrong taking profits.
2) NEVER let gold turn 'brown'.
3) re-read rule 1.
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seems to me you don't
MON - pls help w/ targets
Posted by Palladin on 22nd of Dec 2010 at 01:58 pm
seems to me you don't have a clear strategy. If in doubt and ahead of the game, sell some!
JMO
Yeah, I am still on
Posted by frtaylor on 22nd of Dec 2010 at 02:00 pm
Yeah, I am still on the steep end of the learning curve w/ trading. Can't go wrong selling some, or so I've heard.
if it keeps going up
Posted by Palladin on 22nd of Dec 2010 at 02:02 pm
if it keeps going up after you sell, then you went wrong! happens to me all the time BUT it's better than giving it back!
well, I don't call that
Posted by frtaylor on 22nd of Dec 2010 at 02:06 pm
well, I don't call that going wrong, just being prudent. I do have a stop in so that I will keep half of what I'm up so far. That's a strategy of sorts, I guess.
agree, but i HATE leaving money
Posted by Palladin on 22nd of Dec 2010 at 02:26 pm
agree, but i HATE leaving money on the table! Just the gambler in me I guess...
also beware of stops, especially if it gaps (up or down overnight)
profits
Posted by hazbin1 on 22nd of Dec 2010 at 02:05 pm
several easy rules.
1) can't go wrong taking profits.
2) NEVER let gold turn 'brown'.
3) re-read rule 1.