View Single Post
Old 11-08-2012, 03:10 PM   #47 (permalink)
tibal
Track Member
 
tibal's Avatar
 
Join Date: Dec 2008
Location: Safest Town In America
Posts: 987
Drives: TT-370Z and 2.5RS
Rep Power: 17
tibal is a glorious beacon of lighttibal is a glorious beacon of lighttibal is a glorious beacon of lighttibal is a glorious beacon of lighttibal is a glorious beacon of lighttibal is a glorious beacon of light
Default

Quote:
Originally Posted by Chuck33079 View Post
I've always had good luck by taking out the amount of my original investment when the position doubles, and letting the gains stay in. Then it's house money, and you can take your original investment and buy something else. Wash, rinse, repeat.
Best method right there. Hit the nail on the head. Pennies make it easier to do so due to the big jumps, but... it can just as quickly go down and all you can do is sit and wait.

Do you do more big money stocks or lower penny to 1+$ ones?
__________________
2010 - PG - M6 - 370zTT 453/409 6lbs
IG @TRbal10
TEAM FLY1 MOTORSPORTS
tibal is offline   Reply With Quote