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Old 01-14-2015, 02:15 PM  
edgeprod
Permanently Gone
 
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Join Date: Mar 2004
Posts: 10,019
Quote:
Originally Posted by candidpro View Post
the problem is it's a steady decline so if it doesn't spike enough to sell you end up loosing money. I would jump in if it was staying somewhat steady or going up, guess it's more of a gamble right now :/
If that's your thought process, you aren't sophisticated enough to make money doing it, and I would recommend you do NOT try it -- you will almost surely lose money. Stop-loss trades are an absolute must, as well as multi-point entry, arbitrage, etc. If you don't know what some of that means (or don't want to learn), please do NOT waste your money .. that's all you'll be doing.
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