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Re: madtig6 post# 21183

Tuesday, 07/27/2010 3:29:03 PM

Tuesday, July 27, 2010 3:29:03 PM

Post# of 59550
I hate to disagree, but I think setting actual stops (as opposed to mental stops) is the most surefire way to get burned, especially in a penny stock. The MMs see those stops and they will force them to trigger before skyrocketing back up. Set your mental stops, pay attention to the stock and do what you think is right, but setting actual stop losses will burn you badly.