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The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

 
 
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Old 02-14-2011, 04:08 PM
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"W" "W" is offline
Catch fish in DA face!!
 
Join Date: May 2009
Location: Big Lake LA
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Quote:
Originally Posted by mikedatiger View Post
Jeremy, just trade with Stop Limits and don't worry about it. Back when I traded I would set stops based on the percentage I was willing to lose and as a stock ticked higher I would adjust it for average daily volatility. Stop Limits set a floor for total loss and also allow you to lock in a set gain.

I would only be in this stock as a trade play and that's it. US has something like 750 TCF of proven natural gas reserves. Current stock pop is based on a Dominican Republic deal that wouldn't actually flow until 2015 and that's assuming they can actually export domestic gas.

Enjoy the ride but set stop limits and enjoy your gain.
This is no long term ride........ But im going to bleed it out .... got it around $3 mark...... Trying to pay off my boat
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