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To: SamAdams76
Ummm....everyone in the market should have mechanical stops to get yourself out of losers..and preserve capital. Period.

I don't care if you use 7-8-9-10-11-12% stop loss stops...it's whatever your risk tolerance is. But use stops. I've seen too many people think..that a stock they bot at $30 is a better buy at $15...and they double down..and the stock is junk.

71 posted on 08/24/2015 11:30:22 PM PDT by Osage Orange (Q. What do Eskimos get from sitting on the ice too long? A: Polaroids.)
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To: Osage Orange
What does "ummm" mean?

Anyway, I have never gone wrong holding stocks for the long haul. Pick them carefully and hang on to them.

74 posted on 08/25/2015 3:29:00 AM PDT by SamAdams76 (We gave GOP the majority to take care of business and they let us down. Time for Trump/Cruz)
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