Home > Boards > Stock Clubs > Market Trends and Strategies > CNBC Squawk Box Challenge

If it bounced I dumped it that day.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
FillTheGap Member Profile
 
Followed By 86
Posts 7,156
Boards Moderated 0
Alias Born 10/05/06
160x600 placeholder
FillTheGap   Thursday, 04/19/07 06:56:51 PM
Re: GotOptions? post# 291
Post # of 327 
If it bounced I dumped it that day. If it didn't bounce I looked at the others in the industry and made the play from there. I typically cut the losses and move on but 50% of the time I'll ride it one more day if I'm not getting killed.

I make a good bit on flipping subs for 20%-30% though so I can withstand a bounce not happening every now and then.


Slow and steady is the way to go
All statements are my opinion and should not be considered an indication to buy or sell a security. Do your own DD.
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist