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Re: slmlrd post# 72594

Tuesday, 10/07/2014 7:36:02 PM

Tuesday, October 07, 2014 7:36:02 PM

Post# of 86719
Honestly no slam intended, I have no idea how you can possibly even play a trip if you can’t see them. For me, and I think most that play these bottom feeders seriously, .0001 means at least $1K (at a minimum), so we pay attention to every tick. That said and to answer your question I personally use a variety of tools, experience and good old common sense with this or any stock to determine a “bottom” or buying point. Same with selling really. The biggest thing there being not to get too greedy. Again, using past experience, available tools, common sense, etc… I set my sale price and unless something insane happens, stick to it. I might get out a tick or two early that way, but I also never end up holding the bag either. All this is “my system” only, and might not work for another living sole. But if any of it helps you in any way whatsoever, then GREAT. GLTY $DKAM$