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Re: Mrxstocks post# 3874

Friday, 12/11/2015 9:24:20 AM

Friday, December 11, 2015 9:24:20 AM

Post# of 13238
I use stops sparingly. I usually only bet $30 - $40 on a trade with my stops. Once it's up $1 above my purchase price I bump the stop up to my purchase price. Then again to compensate for the commission. And I ALWAYS put a stop in when I start making profits to protect my principle.

I have a long trade on an oil company and a long trade on a tech stock where I am not using stops.

DUST