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Message: Gap up tommorrow? it could happen - trading strategy for newbies

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Re: Gap up tommorrow? it could happen - trading strategy for newbies

in response to Gap up tommorrow? it could happen - trading strategy for newbies by iwannawin

posted on Nov 05, 07 03:03PM

Remember to always take some off the table. A Gain is a Gain; no matter how small or large.

thank you for your opinion

that is probably the statement that I am still struggling to balance (as a newbie)

some people say "let it ride" and no stop losses - others say do the DD and then you don't need stop losses - some take profits, but when? will I kick myself later for taking a good profit when I could have had a great profit - trust me I have these arguments with my self constantly too....... I am developing many personalities just waiting for the head spin to kick in :)

I had some stock when I started that I took profits at 2 or 3% and then stopped watching as I bought others and now..... they're to the moon and I'm part way off Cape Canavaral - such a dilemna

thank you for the rest of the info as it will help me when I am watching it tomorrow (and watching your posts of course for input)

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