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Re: 7kidsmom post# 29343

Sunday, 08/19/2012 9:57:54 AM

Sunday, August 19, 2012 9:57:54 AM

Post# of 87948
Hi 7kidsmom, good to hear from you. Thanks for your sincere and important comments. I feel for you and the exigencies of your situation. Use mental trailing stops and then act on them and get your selling price or as close a possible to it that you can. Since you can't monitor your investment then it is a good idea that you mentioned to consider putting in one or more GTC sell orders on the prospective ride up at prices that are realistic and that you are comfortable with. Establish an exit price that you don't want to go below and if you have no other way to monitor your investment and hard-earned money invested in that investment then consider a an actual trailing-stop loss if necessary which is better than losing all or part of your investment. Warning, they jam it down very hard and then dump out the stock at higher prices later on. In that case using an actual stop-loss or trailing stop-loss order will get you out at the lowest possible price with all the other traders and investors who told the MMs where they intend to sell their AAPT shares if and when the AAPT prices decline to their stop-loss prices. Caveat emptor.

If you have an online broker then load down their WIFI APP into your mobile device if you have one. That way you can easily monitor all of your investments and be notified when there are changes to your investment. You can then send in your trade orders including stop-loss orders via your moblie device. It is imperative for any trader or investor to monitor their investments and trades. I monitor all of my trades and/or investments 24/7 365. In addition, most online brokers have an "800" number to call which has an automated service that provides security and portfolio price quotes and the option for trading those securities including buy, sell, and stop-loss transactions.

Disclaimer: None of my comments are meant as or are to be construed as trading or investing advice. Do your own DD. My comments are for educational sharing only.

Best,

Bob