Replies to post #29261 on NEWBIES BOARD

[Garyst]

I don't disagree at all. The point I was trying to make to that poster is that way to often people find themselves in a stock that is rising and may be up 50% or 100% and that is where the discipline factor comes in I was talking about as far as setting a gain goal and sticking with it. Yes, determining when to take a loss on a play and move on is also important and to do so before one is down 40% or 60%.