suggested stop loss, page-17

. Day trading with LYC could work really well as the stock usually swings about 4 to 10 cents daily but trying to pick it can do you head in.
Like most Im sure,my LYC portfolio is split into 3 allocated financial sectors.
Originally it was 60% ... LT...15%...trading....25% cash.
More recently..since $1.50.(and that was only 5 weeks ago.)
my allocation is 85% ..LT...15% cash.
Some of my memorable trades..was happy to get in when big drop came at $1.19...and happy when I got out around $1.32-33...ended up getting back in around $1.45..not so happy.
Did about half doz. trades between $1.45-$1.50 stages..happy...waited for retrace back to $1.45...naturally instead shot up..had to buy back in at $1.61...sold $1.72...had to buy back in at $1.77...that was it...I suck at trading this stock.
I did my sums and had I not had a trading mentality,with the difference I could have had a months holiday in the Bahamas.
Now all I concentrate on is when the last 15% cash goes in...even that..had I spent it at $1.19.
If I feel bad about the.."What ifs"..how must the downrampers feel with no stock at all.Now that cheered me up. :))