Cannon Exploration Inc. (fka CNEX)

[sendo]

Why would you modify if you're only looking for 4% gains, and if you're looking for more then why wouldn't you use a stop/limit order to protect profits/losses?

I'm still trying to understand your method I guess. Seems like there's not much room for mistakes, lots of room to miss trains that are taking off early into their profit zone and it seems like you would easily get shaken out of your stock at 4%.

Just for the record, I don't set my stop limit until I hit 10% profit. If I'm taking a loss without ever seeing profit then I sell manually dependant on L2's and what the 1min - 5 min daily charts say.