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Re: elcheepo post# 109734

Wednesday, 09/16/2009 8:46:35 AM

Wednesday, September 16, 2009 8:46:35 AM

Post# of 137480
I usually set my stop loss at about 10%...Only because I have confidence that the WU picks will go up...We do not play many pinks here and for these I have a little tighter stop loss...

I usually buy in 1K share increments...And never average down more than twice...This is where I do get stuck from time to time, so at some point I need to refine my strategy for taking a loss...For me, that is the hardest thing to do...And I am getting spoiled here at WU...Some stocks I may hold for a month or so, but they almost always go up...Sold FTK yesterday for a small profit...Entry was in June...Averaged down twice...

I wish you the best of luck...Follow the picks here as all have passed the WU tests...Set your exit points (both + and -) and develope a plan that works for you...

Cheers....Aggie....

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