Thats what makes a market. I have never used a stop loss with shares. Never seen the need for it. I'm not geared or day trading. I'm much more a fundamentalist than a chartist although I recognise that technical people can often be quite shrewd in picking short term moves. More times than not stocks rebound just as quickly and inexplicably so whats the point of locking in a lower price than I first thought acceptable to buy at? Nothing has changed, its better buying value at 3.7c than where I last sold some so I'm averaging down (although I'm averaging up in fact). May or may not be the right timing. Can't be too many other people doing so, or selling for that matter. I missed the low today, and then periodically checked to see if my bid was filled or still the best bid and it was mostly still there. Very frustrating.
CNW Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
