M&S about to go down the drain

LOL ! my most recent looser which I sold out of, because it failed to move upwards was ...

I dont have looses. Not really. This is because I lost a huge amounts trying to average down, and following loosers, so now I use a 10% stop loss. Indeed when following stocks which have momentum in a trend and are breaking out, there is very little that can go wrong!

I cut my losses quickly, and let the winners run.

Regards,

Scram.

PS, everyone to their own method. Personally I cannot see how FA is of huge help. Yes maybe to see wether a company is overall loss making or profit making, and on what PE it trades, but if it doesnt trade on that PE then there is some other factor which is keeping it back. for me FA is just as much guess work, as everyone lays their own value on a company. Ask two analysts to say what a certain company is worth, and what price targets they have, and they will almost certainly have different price targets. With chartists however, you could ask any experienced chartist, and they would come up with the same price targets on a chart with a history (ie one which isnt breaking out into coimpletly new terrotory). Everyone sees the trends. Follow the Trend. The Trend is your Friend! ;)