Recent content by Prainluda

When you think you know exactly what will happen, you will be humbled! Good luck on the Short Bus..... errr

Is there always someone wanting to BID (buy) a stock and always someone wanting to Ask (sell) a stock? If there were NO BIDS then what happens to the Bid/Ask prices? I guess people have a stop limit but just wondered what would happen. Thats all

Well DML is now $1.75 so up .39 cents would sell if I owned it. Then again sometimes it goes on big runs. PCY.To dropped to .359 cents today. I bought in I couldn't help it!! I thought .38 was a great price. But .36!!! Sick That quote above was like a week and a half ago.

PCY.TO Current price .40 cents 52 week low .37 cents it has hit .40 cents 3 times maybe in the last 2 years or something. The company owns 2 coal mines and is working to build a powerplant. They are just getting started. Id buy the stock at .40 if I had money to do it. But 1 position im in...

Well ive watched 4 or 5 stocks daily for like 4 years. A few of them are at great prices. A company that is building and growing and just hitting its 52 week low seems too good to be true! Lets hope the market keeps this up for another week and i can get this at an even better price!!

:thumbsup: Good post!

Sorry BTW to anyone on here. I don't mean you guys directly. I was just frustrated abit with something that I see everyday. In reality if I never looked at the bid/ask prices I think that would suit me better. Just feel like if this is a sporting event. The Bidders are a much better team then...

Oh im fine with where im at and where the stock is at. Unlike the guys who ask alot and then panic, I will not do such a thing. Learned that lesson once already

Not when a position starts to go the wrong way. Im talking about pre trading when the people who ask for a price always lower themselves down below par. Why can't they just hold at their asking price and bring the bids up? It seems like the bidders always hold their ground on bottom prices and...

The fact is that traders are sooo paranoid they are the biggest chickens ive ever seen in my life. This is exaggerated but some of what I see. US unemployment drops to lowest level since 2008. NYSE down after uncertainty in europe as a factory lays off 1 employee. The other thing about...

Would it be smart to raise my stop loss like instead of just sell at 2.80. Maybe follow the price closely with a stop loss. If it hits 2.80 put the stop loss at 2.78? just incase it want's to go higher then follow right behind with the stop loss?

Thanks for the reply's so far! :cheers:

I don't plan to stay in the stock long term. I would like to have a swing trade style. So I can hold a stock for awhile but not too long. I don't expect it to get to the highs at all. Not selling short either. Right now I think im gearing towards the 2.80 mark. I guess im playing the bump from...

hahah thanks for the response! I know to go by what im doing. I guess I was just looking for some encouragement to say "Hey that was a great entry" Or that stock looks like it could run abit! I felt I made a good entry. However I am a rookie so just wanted some confirmation that's all :D...

Im a Rookie, so im looking for some experienced traders thoughts on this: -The aarow is where I entered the trade (Good or Bad?) -Based on this chart what can you tell me about what you think could happen next? I know some people need more indicators and I understand that you can never know...