^ Be quiet you
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Originally Posted by LukDod I hope it wasn't just a paper exercise on Teak Door. |
Yes, Im not doing much trading in real life, its too volatile but i dip in and out quickly once or twice a week just to make my rent money.
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Originally Posted by LukDod In the case of 1st Solar, why wouldn't one place a stop loss on it and see if it would climb further in subsequent days of trading? |
Using stop losses for first solar is a very dangerous idea. Intraday swings can be in the region of 30-40$ sometimes, stops can get taken out and then it can rip higher leaving you gutted.
I bought in at 90 and sold at 133 near the end of trading on wednesday, thursday morning after it hit 137 but closed at 122. Today, Friday it saw lows of 115 and closed at 127.50, impossible to use stops with those kind of moves!