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Re: burnsbaby post# 282

Friday, 03/24/2006 2:53:26 PM

Friday, March 24, 2006 2:53:26 PM

Post# of 140146
Great burns ...I was afraid you had got hit with a loss....so its just on paper if i understand you right.This is one example BTW of why I trade the way I do.Compared to most I take relativel small positions and never more than 1/2 the shares I really want ..then if its a good call I have reduced profit...BUT...if its a bad call I have the liquidity to find a "bottom" and usually go on to profit and not take a loss.Smaller positions also allow me to move in and out of a stock with relative ease being somewhat invisible to the market...neither treatening or supporting.Also if you have a really large position relative to what the stock can stand you will find it difficult to pull out quickly on bad PRs forcing a loss just to get out.....Simple

Simple

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