Re: A little TA

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Goldstar40

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Re: A little TA

in response to

Re: A little TA

Stratopod

posted on Jul 16, 2009 10:55AM

"In my very limited experience, I think that stop-losses are for two types of people. Those who have sufficient profit (or small loss) at that stop-loss. And those who are watching the ticker every minute of the day, possibly every 15-30 seconds in some cases. Otherwise it could be share suicide"

strato

Hi Strato..

Thanks for the advice...I do fall into that catagory...

Sufficient profit and I watch the ticker every minute of the day...

Stop-loss whether mental or official are helpful in many cases, most are not capable of getting out quickly should the sentiment turn on a dime...we watch our price slide and we wait for the bounce that sometime never comes.

I am experienced enough to know where to place one, not to set my shares out for some trader to swoop in and snatch them up only to run the price back up again.