InvestorsHub Logo
Followers 16
Posts 2513
Boards Moderated 0
Alias Born 01/23/2004

Re: Aiming4 post# 310

Friday, 01/27/2006 12:45:08 AM

Friday, January 27, 2006 12:45:08 AM

Post# of 374
Welcome Aiming and thanks for the kind words....

With regard to CTCH...the registration statement for 9mm shares really took a toll on the PPS this AM. My stop at $1.00 was based on support at the 50% fib retrace which is at .99. Yes, this AM you would have been stopped out, but that downside protection is a hallmark of the SAG trading method.

I look for plays with clearly defined support levels and those levels are only worth finding if you're willing to be disciplined enough to take action when they are tested and subsequently fail.

Will you get stopped out occasionally? Sure. I can find numerous posts where I was stopped out of a play only to have it run in subsequent days. However, those same stops more often than not help me preserve the capital necessary to generate the kind of returns you see posted here in real time everyday.

Remember, keep your losses small and let your winners run, and just when you think your winner is going to make you rich and change your life......sell it, right then and there. LOL!

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.