General.discussion, page-920

I don't have as much experience with a large number of stocks as many do,
however, you absolutely must use a Stop Loss on any share and industry,
that you don't know backwards.

Example. SPT
I traded it all the way up and down from 48 cents to $1.85. When $1.85
collapsed (BUY AT 1.37), I was stopped out at $1.72.

Earlier, when it ran from around 90 cents to $1.57 in an hour or so, I was
changing my Stop Loss regularly. I set my last Stop at $1.45 or $1.50,
and after the collapse, I received $1.29. If I'd set the lower limit too high,
I would have missed out on the $1.29. So, you have to be careful on setting
same. On this day, it dropped back to $1.23 and closed at $1.37, so it was
still a hot stock.

Later on, I was dabbling and trading it in the $150s and 1.40s and making nothing,
but my final Stop Loss is shown below. One year later, SPT was and 18 cents stock!

And where did I invest that money? I bought more Sayona at around 3.3 cents,
in mid-February, 2021. I just wish I'd used the Stop Loss with Sayona in the 20s
and 30s, and then just watched the chart to signal when to re-enter. Tax was always
my biggest consideration, and I didn't allow for the multiple hits the stock would
take over time. STOP LOSS