Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
<< We buy a stock, based on our own DD then we set a stop-loss so if the stock goes down from our buyin we limit our losses (the first major rule of short-term trading.)

Once the stock moves above our buyin, we start setting trailing stops to preserve profits (the second major rule of short-term trading.>>

I guess, without having the terminology quite as you are putting it, I am setting limits. I consider my current pix short term because I expect them to be at the profit level I set within a month or two of purchasing them. That is about all the ups and downs and back arounds I can tolerate.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement