CCI 0.00% 12.0¢ chrome corporation limited

hc has no influence on a stock price, page-31

  1. 5,784 Posts.
    The other thing is Meerkat - because arttse has put on $50K - that does not mean that he has 'punted' $50K !!!

    If he is using a money management plan then he will likely be 'punting' only one half of one percent to a maximum of 2% of his total portfolio when he purchased?

    For example - lets say his total portfolio is $300K - and he decides on 1% stop loss - or $3K 'punted'. Then when it falls to where his loss exceeds that - then out he goes.

    On the other hand if it runs up over a few months so that he has a nice profit buffer of say $15K - then he might 'punt' $10K of that paper profit by moving his stop up?

    Just because you buy $X amount doesn't mean that you have to hold till it goes to zero!
 
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