10-27-2013, 03:47 PM
(10-27-2013, 08:13 AM)KenBob Wrote: For example, I use limit orders for my buy and sells. Looking at the price momentum can be used to set the limit price.
Agree with Kerim that DG investors seriously look at stocks before jumping into a buy, however, once the decision has been made I would never set a "limit price" to sell.
After deciding to buy, it should not matter if the price drops, in fact if any of the stocks I own drop significantly I'd be jumping with joy for having the opportunity to buy even more of the shares at considerably higher yield.
Sell decisions for DG investors should not be based on price, but the safety of the dividend.