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Re: MARINO post# 19353

Friday, 07/20/2007 4:34:27 PM

Friday, July 20, 2007 4:34:27 PM

Post# of 132367
Momo stocks are fun indeed. But the hardest.. and unfortunatly biggest mistake folks make is not cutting losses quicker. If you loose 10% you have done something wrong. Never enter a stock without a realistic exit price (10%-20%) and a "cut loss" price.. ie: if the price drops 10% then sell on the next push.. period. You have to trade without emotion.. you have to be a robot.