Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » General Investing Topics » Never turn a Profit into Loss????

 - UBBFriend: Email this page to someone!    
Author Topic: Never turn a Profit into Loss????
tasharruf
Member


Rate Member
Icon 5 posted      Profile for tasharruf     Send New Private Message       Edit/Delete Post   Reply With Quote 
I need some advice.
I totally agree on the subject but the question is how to figure out what stop price to set. For example if a stock XYZ was
bought @ 13.3 and then it moves up to $15 but then fluctuates as low as $13.9, should stop limits be set to protect your profit even though it might be not big. Too many times the price seems to reach your stop price, execute your sell order and climb up again.
Any suggestions?

Posts: 64 | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
xxartyxx
Member


Rate Member
Icon 1 posted      Profile for xxartyxx     Send New Private Message       Edit/Delete Post   Reply With Quote 
yeh dude, be happy with what youve made, always consider the fees, and yes, sell the ******* asap even if you gained just a 100 buks, set it @ that, but if you see it rise to a nice sell then cancel the last order ( limit) and sell asap @ market, with respect to level 2 quotes.....what are you using as quotes?

Posts: 38 | From: brooklyn | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
xxartyxx
Member


Rate Member
Icon 1 posted      Profile for xxartyxx     Send New Private Message       Edit/Delete Post   Reply With Quote 
oh and, ameritrade doesnt charge for no-execution and cancel, so your good to go....
Posts: 38 | From: brooklyn | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2013 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share