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O.K.Please note: I trade each and every day - over 100 trades per month. I do not consider myself a day trader but I do sometimes get in and out of stocks the same day.I check the Markets and put my Bid for how much I am willing to buy for or Sell Short for.If I 'get' it at my price, I usually ( 90% of the time ) put it up for buy to cover or sell right away.I do try to keep my losses around 5% - sometimes more( I usually use trailing stops ).I never get attached to a stock 'EMOTIONALLY' .Long or Short - I do not care. I do not care what CNBC or Cramer says.I buy/sell to make a living.I get up very early in the morning and do trade Pre-Market and After Hours.Read my previous posts under:TELLING YOU FROM MY EXPERIENCE. If you are loosing sleep over a stock, it is not worth it.Play the stock market with money you can afford to loose.My take on AAPL:I am long on AAPL and am loosing on it for now( about $2100). I bought it yesterday.Knowing Steve Jobs, I will hold till I make some profit.I do see it going over $200 in about a year.But I will not wait - as soon as I am making over $1000, I will get out of it.RE: CRMI do not know much about this stock. I did trade it a couple of times for a small profit.RE: BXI did make money on it and don't know much about it - except that the main guy sold most of his shares at 31 - even though IPO was around 35.If I were you and you are 'even', get out of it.
I was wrong!Now I know this will come down below 185.
I have been shorting this and making money on it almost every day too.I will go long around 206.As long as it keeps going over 220, I will short.Good Luck to all.