Most of momentum stocks require active STOP loss in place.
Lot of folks chase Momentum and that is OK and 50% make great money and 50% end up loosing the shirt. The difference lies how one manages the trade
Last few days is a great example and in some cases STOP loss would not have helped.
Second suggestion is DO NOT BE A HOG - TAKE PROFITS IN STEPS
Love to hear your opinion on MOMENTUM stocks
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January 20, 2011
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