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Re: WayCoolJr post# 9334

Friday, 10/24/2014 1:27:56 AM

Friday, October 24, 2014 1:27:56 AM

Post# of 114304
Stop loss orders are worthless down here in the jungle. You put a 30% stop loss in and your done. They will take it down in 2 minutes and 2 minutes later it's back where it was. Stop loss is great on real markets. Down here forget it. This market is becoming nothing more than a lottery ticket. You can do all the research you want to. There are a very limited few companies that do business and most of those sell shares to keep the business afloat. Period. Most of the peeps posting know this. Some pump on nothing just trying to get a 10 billion A/S or more to run. What bothers me more is seeing so many peeps continually bashing a stock and that is all they do day after day.

They do this for a reason and that is for money. Naked shorting is rampant down here and it makes me sick.

You might be be very good at finding a bottom and trading or even playin the 20% spread and that's your best bet. Investing is just a lottery ticket and even really good swing guys get burned down here.

Long story short if you wanna play in the pennies forget stop loss orders especially on low volume stocks.

Now the real guys are gonna kick some ass.

Yeah I am one of the real guys!!