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Double down?

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October 28, 2010 – Comments (1)

One of the flaws of CAPS is that the money management aspect is not involved, which is equally as important, if not more, then picking the stocks themselves.  So many times I will downthumb something that shouldnt be as high as it is (REE, OPEN, etc) because I know eventually it will go down.  However, when it continues to rocket, and one day I see a clear turn around (like today for REE), I wish there was a "double down" button for the stock because even if I call a top on them, it means nothing since I already  have a downthumb on it.

 

I realize that it could lead to getting way too messy, people requesting triple downs and stuff like that.  Sorry if this has already been mentioned, just throwing it out there.

1 Comments – Post Your Own

#1) On October 29, 2010 at 12:09 PM, familyfund2 (21.32) wrote:

I think i know what you mean, and sometimes feel that way. Then i remember that caps is a stockpicking site, not a trading or investment strategy sight (even if those are intrinsic).

The goal is to get better at looking, and choosing, including when. There are plenty of fools who do it 'right'.

Of course there are many sites to do what you mention. Remember, there are none that do what Caps does.

+1 for being on the ball, and creative thought.

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