InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,304.72
(
0.70%
)
US TECH 100
18,367.20
(
0.27%
)
Dow Jones
39,069.59
(
0.01%
)
Brent Oil
83.08
(
0.28%
)
Bitcoin
68,509.69
(
-1.27%
)

Replies to post #4 on 200 Trades to $1,000,000

Replies to #4 on 200 Trades to $1,000,000

CHRTCRZY

10/27/06 7:38 AM

#5 RE: FinancialAdvisor #4

c. I will sell a stock at anytime I feel uncomfortable with the investment. In other words, there will be no universal pre-set stop limits.

metropick

10/27/06 7:53 AM

#6 RE: FinancialAdvisor #4

The stop loss will be whatever I feel like it should be per stock. See rule 1)c). And making 200 winning trades in a row isn't the key. The key will be keeping up with the gains I laid out in the budget I created per trade.

"1)c)I will sell a stock at anytime I feel uncomfortable with the investment. In other words, there will be no universal pre-set stop limits."

I know this is a rediculous idea, that's one of the reasons it is so intriguing. Worse case, it doesn't work, I take a few losses, and I use my main portfolio as my retirement plan.