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Re: [sharechat] Trading tip for unlucky punters

From:	"nick" <acummin@es.co.nz>
Date:	Sat, 1 Jul 2000 17:29:57 +1200

.      As far as i can see Richie was doing fine until he made
two big mistakes.
    1. He fell in love with a stock, whats worse the wrong stock
    2. He didnt have a stop loss in place.  Ok for an investor but for
        a trader can be fatal.

        My advise for anyone wanting to trade would be stick to good
quality stocks, the potential gain may not be so huge but either are the
losses.
     Fletcher stocks being a good example, nufarm another, there are
at least a dozen with sufficient volatility to trade on.

 nick


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References

Re: [sharechat] Trading tip for unlucky punters Brian Gale

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