### Comment:
Well, that’s my investing strategy.  But low sell high and all that.  Often ends up as buy low and sell lower...   Good point on penny stocks and trailing stops.  I don’t mess with the penny stocks unless I’m too stupid to sell and riding a stock down to zero...

### REPLY:
Well, yeah. The point is everyone knows you’re supposed to buy low and sell high, so telling someone who waited a little too long to sell that they should’ve sold while it was high isn’t helpful. You only know it was the high now because of hindsight, which he has the benefit of now as well.

### END.