chartists, page-19

SP I stated some months back I never bother to try and guess a future SP on a penny stock. Whether it's QFX or any other stock.

Even the handful of Penny dreadful ASX stocks I own the trading plan is based more on fundamentals and/or time period.

Why you don't see me on the forums of the stocks I do own getting excited and ramping about daily SP and Volume changes, talking about train stations or rockets and especially trying to guess a ridiculous near future SP or MC ten times current levels.

However I always take a free carry as soon as it's available if I like the sector, the company and can see future increased value longer term.

Larger stocks which make up bulk of my trading, I nearly always use a trailing stop loss. Unless they are long term investments held for dividends COP,PG,GE,KO,WMT

Subs, I've given you my answer on that one before and reasons why.



Kat.