Go to Jeff Salisbury LWGate Home Page.From: Top Secret <starcast82@yahoo.com>
Subject: Re: -RE: [CANSLIM] Need some help in selling
Date: Tue, 1 Jul 2003 09:30:03 -0700 (PDT)
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- --0-958083367-1057077003=:7168 Content-Type: text/plain; charset=us-ascii Hopefully this is more acceptable. Katherine Malm <kmalm@earthlink.net> wrote:Welcome to the group Top Secret and glad to have you on board. We ask that as a courtesy to our members that you use your real name, though first names are acceptable if you prefer. This creates a sense of community unlike the more anonymous boards at Yahoo and MSN. Here is a link to our FAQ so that you can become familiar with our list-centric jargon: http://WallStreet-LLC.com/canslim/CANSLIMFAQ.doc (Word for Windows Document) or http://WallStreet-LLC.com/canslim/CANSLIMFAQ.zip (zipped version for those who are having trouble displaying the document within their browser) Katherine - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Top Secret Sent: Tuesday, July 01, 2003 10:00 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Need some help in selling Here is what I think. Before you Buy anything 1. Have a buy price 2. Have a stop price 3. Have a sell price. I base my prices on what the chart says. I don't use percent points although that may work for you. I use trailing stops on the way up. Why sell if it has a 20% profit it may have more on the way. Trailing stop will let your profits run and make the sell decision for you. If the stock hits your objective sell price you may sell half and lock in the profit and hold the other half to see what happens. Best strategy I've heard for years and never really dawned on me till lately " Let your profits run, cut your losses short" Following that strategy you only have to be right 50% of the time to be a successful trader. Takes some of the pressure off. You are working on a set of rules which you adhere to so you are making progress. I just joined the group yesterday and I look forward to hearing everyone's opinion. - --------------------------------- Do you Yahoo!? SBC Yahoo! DSL - Now only $29.95 per month! - --0-958083367-1057077003=:7168 Content-Type: text/html; charset=us-ascii <DIV>Hopefully this is more acceptable.<BR><BR><B><I>Katherine Malm <kmalm@earthlink.net></I></B> wrote: <BLOCKQUOTE style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #1010ff 2px solid; WIDTH: 100%"> <META content="MSHTML 6.00.2800.1170" name=GENERATOR> <DIV><SPAN class=125280516-01072003>Welcome to the group Top Secret and glad to have you on board.</SPAN></DIV> <DIV><SPAN class=125280516-01072003></SPAN> </DIV> <DIV><SPAN class=125280516-01072003>We ask that as a courtesy to our members that you use your real name, though first names are acceptable if you prefer. This creates a sense of community unlike the more anonymous boards at Yahoo and MSN.</SPAN></DIV> <DIV><SPAN class=125280516-01072003></SPAN> </DIV> <DIV><SPAN class=125280516-01072003>Here is a link to our FAQ so that you can become familiar with our list-centric jargon:</SPAN></DIV> <DIV><SPAN class=125280516-01072003></SPAN> </DIV> <DIV><SPAN class=125280516-01072003><A href="http://wallstreet-llc.com/canslim/CANSLIMFAQ.doc"><EM>http://WallStreet-LLC.com/canslim/CANSLIMFAQ.doc</EM></A> <SPAN class=824041319-03012003>(Word for Windows Document) or</SPAN> <P class=Subheading2 style="MARGIN: 0in 0in 0pt"><SPAN class=824041319-03012003><EM> </EM><A href="http://wallstreet-llc.com/canslim/CANSLIMFAQ.zip"><EM>http://WallStreet-LLC.com/canslim/CANSLIMFAQ.zip</EM></A> (zipped version for those who are having trouble displaying the document within their browser)</SPAN></P> <P class=Subheading2 style="MARGIN: 0in 0in 0pt"><SPAN class=824041319-03012003></SPAN> </P> <P class=Subheading2 style="MARGIN: 0in 0in 0pt"><SPAN class=824041319-03012003><SPAN class=125280516-01072003>Katherine</SPAN></SPAN></P></SPAN></DIV> <BLOCKQUOTE> <DIV class=OutlookMessageHeader dir=ltr align=left><FONT face=Tahoma size=2>-----Original Message-----<BR><B>From:</B> owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of </B>Top Secret<BR><B>Sent:</B> Tuesday, July 01, 2003 10:00 AM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM] Need some help in selling<BR><BR></FONT></DIV> <DIV>Here is what I think.</DIV> <DIV> </DIV> <DIV>Before you Buy anything</DIV> <DIV> </DIV> <DIV>1. Have a buy price</DIV> <DIV>2. Have a stop price</DIV> <DIV>3. Have a sell price.</DIV> <DIV> </DIV> <DIV>I base my prices on what the chart says. I don't use percent points although that may work for you. I use trailing stops on the way up. Why sell if it has a 20% profit it may have more on the way. Trailing stop will let your profits run and make the sell decision for you. If the stock hits your objective sell price you may sell half and lock in the profit and hold the other half to see what happens. Best strategy I've heard for years and never really dawned on me till lately " Let your profits run, cut your losses short" Following that strategy you only have to be right 50% of the time to be a successful trader. Takes some of the pressure off.</DIV> <DIV> </DIV> <DIV>You are working on a set of rules which you adhere to so you are making progress.</DIV> <DIV> </DIV> <DIV>I just joined the group yesterday and I look forward to hearing everyone's opinion. </DIV></BLOCKQUOTE></BLOCKQUOTE></DIV><p><hr SIZE=1> Do you Yahoo!?<br> <a href="http://pa.yahoo.com/*http://rd.yahoo.com/evt=1207/*http://promo.yahoo.com/sbc/">SBC Yahoo! DSL</a> - Now only $29.95 per month! - --0-958083367-1057077003=:7168-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Previous Article (by Date): RE: [CANSLIM] Need some help in selling "Mark Kerson"
Top of Thread: -RE: [CANSLIM] Need some help in selling "Katherine Malm"
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