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Re: crazyboi70 post# 16008

Thursday, 06/02/2011 10:26:59 AM

Thursday, June 02, 2011 10:26:59 AM

Post# of 32737
My exit strategy is to dollar cost average in when I buy and dollar cost average out when I sell. It is so easy when a stock goes down, we buy more.The same advise should be used when selling out. For e.g.. you buy at .002 .001 .0005 .0002. You sell at .01 .02 .03 .04 using the same amount of shares. Most investors think they know where the top is to sell. That is crazy.
You must determine what profit you would be happy with and draw it out on a pad an stick with your decision.
Blackcat7717