if it were that simple everyone on Wall Street would be bill
Posted on: March 12, 2012 at 21:56:03 CT
Beakerbasher KC
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ionaires--your getting lucky. Fact. And unless this stock is 100% of your portfolio all your other stocks are dragging down your returns not to mention trading commissions and taxes. You make it sound like theres some foollproof system or something buy just moving up your stop losses--if CRM gets cratered on bad news after hours and opens up -40% the next morning, your stop loss will NOT protect you! It should be disclosed on this website that Warren Buffet, Jack Bogle, every finance professor at every major university will tell you picking individual stocks like this in the short-term is nothing more than gambling, not investing. People like you that claim to have a stock up 45%, its so easy, just move stop losses up, never tell the whole story and fail to disclose the risks in your strategy (i.e. stop losses are not bulletproof!!)
Edited by Beakerbasher at 21:59:46 on 03/12/12