See for me I'm really a trader - I don't hold stocks for longer then a few weeks max so stops are very important.
As an investor its a different kettle of fish, stops as an investor is a tricky one.....specially when they can move 50% down before making higher highs.
If you are using stops you need to sell when the SP is looking overbought and take profits for re-entry otherwise your right you'll just get stopped out all the time and lose!
@donteatme - As he will know DUO didn't work for me at all, lost a bit of cash there just stops a pip or 2 away worked every time as it allowed me a lower entry then a got stopped again! I'm not going back there disappointing Acq.
Its all about your level of risk - I.E. what you prepared to lose/risk for a potential large gain.
Just remember the charts (if you read them right) are correct MOST of the time!
I'm looking for a gap fill here just from TA - but no trade in it for a while from me!
The key for you investors is that management just things right for the long term to setup a growing, profitable and sustainable company!
POK Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held
