InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,815.03
(
0.61%
)
US TECH 100
19,734.40
(
0.00%
)
Dow Jones
42,863.86
(
0.97%
)
Brent Oil
77.54
(
0.09%
)
Bitcoin
64,180.49
(
2.12%
)
Post# of 640851
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

MrBigz

Send PM Follow Ignore
Followers 1318
Posts 64497
Boards Moderated 2
Alias Born 01/23/2007

MrBigz

Re: EquityMonster83 post# 184213

Sunday, 02/14/2010 9:48:08 PM

Sunday, February 14, 2010 9:48:08 PM

Post# of 640851
they are quite reliable but there is an art form to trading them.

since they are stock that are falling off a cliff, you need to be patient on your entry and not try and guess the bottom.

another idea might be to buy in two stages. take half a position and then if it drops lower before turning upward, you can average down with your planned second buy, or average up if you bought at the correct time



Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up