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Message: Stop(e) Mining

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Re: Stop(e) Mining

in response to Stop(e) Mining by rookieprospector
posted on Nov 19, 09 04:45PM

It's happened to me as well and therefore I now use "mental" stops not real stops. When a stock declines close to my "mental" stop I pay a lot of attention to it and then make the decision to sell unless there are valid reasons not to sell. It's a bit difficult but with some discipline can be made to work.

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