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!
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absolutely nothing wrong with taking
lng
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!