Re: When you decide to buy those other stocks with your winnings, here is a....

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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goldhunter11

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Re: When you decide to buy those other stocks with your winnings, here is a....

in response to

When you decide to buy those other stocks with your winnings, here is a....

Sum4All

posted on Nov 03, 2011 11:33PM

Sum,

Interesting strategy. Agreed with the golden rule of capital preservation. But, stop-loss is tricky. One negative comment I heard about stop-loss is that it may cause cascading effects when the sp hit the level then the computer would take over selling the shares causing a nose dive of the sp...and triggering lower stop-losses on the way down.

It would be prudent to spend enough time watching your nest egg carefully...e.g. one cannot just put the money on the table, set up a stop loss and walk away from it for days, weeks, or months.