if you cant stand lost, then maybe it will be good for u to queue even lower abit at 0.505-0.51. n stoplost at 0.49..

just a suggestion.

For me as i believe 0.5 support will be quite strong, i will just avg dw at the range until the rebound comes. but when it break 0.48 i will cut also..

iPunter      ( Date: 21-Sep-2009 23:12) Posted: You are right... I can't stand loss, so I have experienced cutting too early too... But I take it as the insurance price I pay for protecting my capital tightly... But anyway my decisions are based strictly on the chart, and is thus objective, though not foolproof...

On 2nd thoughts, i now think his is a good idea. He did not mention what price he wished to sell. (?moving target)

Buy at 51.5, if prices fall, cut loss at 50 or less. risk is ~2cts. (fixed loss)

But if prices go the other direction, i think hold and see what happens. Benefit may be many folds more.

OK, i see what you mean. Thanks.

The risk/ benefit ratio just doesn't seem justifiable to me.

Sorry, still doesn't make sense to me.

Seems to be trying to explain something very profound.

Please keep it simple. Example: "i think 0.515 will be a support, hence i queue to buy here, but if this gives way, i will cut loss at below 0.50". But then, the very act of queuing to buy at 0.515 suggest bullishness, otherwise how to hope to sell higher?

BTW, i am just kaypoh, not vested.