absolutely nothing wrong with taking a profit. How many traders
out there would have seen strong gains in the likes of DNN
virtually disappear as it fell from 4.50 highs to 2.10 lows in a
matter of 4-5 weeks. Better not to marry a position
I try to keep a limited amount of positions and trade around a
core positions. I've been trading LNG from the
2.80 area. I rather take 1/2 off with
a .40 cent gain and see what happens with the rest towards the end
of the day. PIGS get slaughtered!
penny wise and pound foolish...
lng
Posted by admagazu on 22nd of Mar 2011 at 02:45 pm
penny wise and pound foolish...
Look at BSFT.....
Posted by lachasse on 22nd of Mar 2011 at 04:07 pm
Look at BSFT.....
That's why it was labeled
Posted by steve on 22nd of Mar 2011 at 04:36 pm
That's why it was labeled quick trade and why it's prudent to take some profits - thanks for sharing the example.
absolutely nothing wrong with taking
Posted by vimal on 22nd of Mar 2011 at 03:08 pm
absolutely nothing wrong with taking a profit. How many traders out there would have seen strong gains in the likes of DNN virtually disappear as it fell from 4.50 highs to 2.10 lows in a matter of 4-5 weeks. Better not to marry a position
my thoughts exactly.
Posted by zach06 on 22nd of Mar 2011 at 03:10 pm
I try to keep a limited amount of positions and trade around a core positions. I've been trading LNG from the 2.80 area. I rather take 1/2 off with a .40 cent gain and see what happens with the rest towards the end of the day. PIGS get slaughtered!
Really? Why?
Posted by zach06 on 22nd of Mar 2011 at 02:46 pm
how about better safe then sorry? Pigs get slaughtered