Posted by: eminitrader April 19, 2008
Making Money with Eminitrader
Login in to Rate this Post:     0       ?        
Latoboy, I would not sell this unless it goes below 10. If that's too big of a risk, then sell half the position. I had mentioned on my previous post that the stop loss is below 10, so if a stock is trading at 13 but you want to risk only $100, then you can buy either 30 shares at 13 or wait for it to come down to 11. I left that part out because everyone has different risk tolerance.
Read Full Discussion Thread for this article