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Old 04-17-2007, 12:52 PM
missmisery missmisery is offline
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Join Date: Jun 2005
Posts: 43
Default Re: stop order or limit order or could i do both?

You're up 100% on Party and you don't believe it has much upside left? Personally, I would sell all my position. When one of my position has performed well and I feel that there's no upsisde, I sell and move my money somewhere else. Another strategy you could use is to sell half your position and keep the other with a stop at 50.

Would you buy Party at today's price?? If you answer no, then why would you hold?
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