"I have faith in the stocks I have and think 2008 will be very good,"
Unfortunately all faith does not pay the bills. 99.99999999999% of people who fly on planes have faith that the journey will be one with a happy landing. Many do not make it.
A stop loss is good for stocks with heavy t/o but can be a trap for low t/o or big gaps in the bid/offer which I find has been costly over years especially once the tide has turned & is heading out. Timing is everything & hindsite proves that one.
Volatility will be 'all go' in 2008 as the worst is yet to come. Just read some of the non mainstream stuff.
Happy punting.
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