Quote:
Originally Posted by mikedatiger
Put in a stop limit at say $8.00 or $8.25. If it hits $9 then move it up and keep following the trend. But if you have a stop limit then you know what your gain will be and you don't have to constantly watch it...
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While I agree with you on the stop limit, the price mentioned is much too close to the current trading price.....which could easily trigger a sale that you might not be ready to make.