Quick question regarding the STT Tipping comp particularly the Hall of Fame table. I was looking at some of the numbers and wondering when a 'tip' gets tallied as a loss. I guess what i'm saying is what determines the loss (e.g. percentage loss from initial tip price).
No complaints here, simply interested to know that's all. Particularly, as I find it difficult to sometimes place a stop loss on micro-cap stocks. For example if I purchased a stock under 1c and it trades one movement down, I have lost more than 10%. Normally I trade most stocks above $1 it would require many movements downwards to to decrease 10%, which is normally my stop loss.
Would be interested to hear any insider information that you use for micro-cap stock stop losses. Also what parameter is set for a 'loss' in the tipping comp.