American Security Resources Corp. (ARSC)

[GritzNGroceries]

I never use stop loss triggers ...


I mainly take profits in portions which allow me to slowly increase the amount of free shares I'm holding. For instance if I were to purchase 5 million shares of this at .0002 I would certainly sell 2.5 million at .0004 then decide whether to take all my gains and walk away or just let them sit and hope the company can bounce back. Either way my losses are mitigated. If the stock drops to .0001 no harm no foul.

Yes there are times when I employ this strategy and the ticker goes on a run and I miss a lot of money compared to if I had held all of my initial shares. However the risk of losing money is greatly reduced with this strategy IMO. Plus I'd never hold onto a stock for years using my own money unless it is a blue chip stock. Free shares or not at all when going long in pennyland.

Good luck to you in the future though sir