Friday, August 16, 2013

It seems to have taken an awful long time, but  finally Goldcorp is going up.

The order I put in is now up 27.31%


I'm happy; but you know what? I think original rule of waiting to see a 5% upturn before buying really is valid. For about a month I've been on edge wondering if I did something smart or stupid.

For the cost of 5% upside or 0% downside I could see if the trend was up or down. I could see if I was making a smart or stupid move.


So, again, I guess I need to slightly revamp my rules for trading. Waiting to see at least a 5% upturn before buying is in general, a good idea; always. Same for selling on a 5% drop.