Short Term Trading Week Starting: 18 Mar, page-36

20% is a big trailing stop. I get too precious about my money going away once I'm significantly in the Green. So my initial one was at 10% - though if it had been at 20% I would have added a third more to my profit from my final sell that I placed without the trail. Yesterday's action was awesome. Big green candle too. So a 20% trail stop could be worth its while - for the young and brave! Just watch out for that $7.20 level. It's gonna need an elephant to push through that resistance - probably more psychological than anything. But with ore prices staying this high, it might just do it. OR, it'll begin the dive..