southern boy - stop pretending that you know what you're doing, everyone here sees right through your BS.
Just 4 days ago you bought at the whopping price of $6.72!!!
You are a study in what NOT to do.
(See what 'pretending' does to you??)
Why I'm Long NWBO
by anotherday1225 •Mar 1, 2014 8:32 PM
southerncakid • Mar 3, 2014 12:09 PM
0 users liked this posts
users disliked this posts 100
why I purchased a few more shares at 6.72
Yeah and they can sell those shares at any time without anyone knowing.
Did you have a point??
"You can't make baseless accusations that cause a loss in the value of the company."
Sure you can.
Please do yourself a favor and DON'T buy or sell stocks... especially if you have children!
I would hate to know that their college fund has disappeared because you believed you knew what you were doing.
You confuse insults with the truth.
It wasn't my intention to offend you. Like I posted, I merely pointed-out that you did not fully understand the use of stops. But don't be offended because most people here do not... most people here are not trading for a living. Probably way less than 1%.
You stated very clearly that stops would offer little to no protection and you were wrong about that. If used properly, stops can offer protection. But there are generally widely-accepted rules for using stops that traders abide by as a result of training, not from reading the internet. If you aren't formally trained in trading, you would not know this.
You took offense at my posts without asking where you might be wrong. If you had asked, I would have explained it to you.
So, I apologize to you if you were offended. Ok?
red - you get dumber with each post.
If you place a stop-loss limit at $3 and the stock opens at $3.50 but then begins to slide rapidly, your stop at a 'limit' is likely to protect you because the market is sliding fast enough (the stock is being dumped). Your stop will only be be 'triggered' as the price slides through $3. It will not, however, be 'executed' because the stock will have quickly fallen below your limit order.
When you place a stop, you are placed 'in line' with all others of similar orders. You also have to get in line after your order is 'triggered' and it's being in that line that will prevent your order from being executed provided the stock is falling rapidly through your limit. Once past your limit your order is not executed. Not everyone gets stopped-out, just those people like you who don't understand the details of how the stop order operates.
You are wrong - in a major sell-off (to use your words) you can be protected by using the proper stop. Your original post showed that you had no idea that there were different types of stops. (You're not looking good here, pal.)
Being fat and dumb is no way for you to go through life... try learning, it'll make you a better person.
If you're going to trade stocks without the benefit of (fully) understanding technical analysis, you are throwing your hard-earned $$ away. (And, I don't mean T/A from internet charts.)
If you're just now learning (like afford and red) really, you should be in Mutual Funds, not equities. Unless you're working at brokerage, you aren't qualified to do "homework" to determine anything. I'm sorry that the truth hurts but 'red' and 'afford' are the type of people who lose their money to people like me, everyday. Their anger comes-out on these boards very clearly.
Sorry grandslam but that wasn't the point of my posts. I was merely pointing-out that red didn't understand the use of stops, period. He didn't even know there were two components to the orders until I corrected him - which he didn't like at all. He then tried to correct himself by doing some frantic Google searches. He was under the impression that once a stop was placed, it would be taken-out, thus, offering no protection. Many stops never get executed but, of course, he was only pretending that he knew what he was talking about. (There is something about these boards where many people (like red and afford) just have to try and convince other people (whom they don't know) that they're all 'traders'. It's very funny to read.
There were no posts about Google searches directed to you. You misunderstood.
LOL!!! Thanks for using my posts to make your point!!
Glad I could help you!!
Let's hope you finally understand!!!
Now see, you Googled and read to quickly!
You still don't understand how it works. (Personally, I think it's funny to see you squirm after all that you posted earlier.)
Your mouth has gotten you into trouble here. I'm betting it's done so in many other facets of your life, as well.
That requires you learning how to trade. Unfortunately, you are a long way away from understanding anything about trading.
The sad thing is that you only need to know two (2) things to make money in the markets and I'm afraid you don't know either.
So far, you are the only one here who made any mention about limiting risk. Your 'risk' is not knowing what you're doing.
I wonder why you continue to pretend???
red - you don't understand how 'stops' operate. It was the truth earlier when I wrote it and it's still the truth now.
You don't understand because you were just pretending. (You're still pretending.)
Your $3 example was incorrect and inaccurate because you don't understand the difference between the 'trigger' and the 'execution'.
In a fast market, your example of a drop through $3 to $1 would depend on several factors. If the market was fast enough, your stop might have gotten triggered at $3 but by the time the stop was triggered, stock could now be at $2.65 and falling fast. It wasn't at $3 long enough to for the trigger to be executed. There are differences between 'stop limit orders' and 'stop market orders'.
This is why you have to learn before you can pretend that you understand something. The danger is that there is always someone out there who just might have to show you that you don't know what you're talking about.
Your 'back-peddling' now is just precious -- and expected I might add.
Keep Googling... LOL!!!
Why pay for training when you can just Google, right??? LOL!!!
Sorry, what you wrote was "Stop".
Now you're trying to to do damage control.
LOL!!!! (We figured that was what you would do.)
I "more like seem to be ..." ???????
(Junior high school was pretty difficult for you, ugh??)