I stopped playing by the rules for this test.
I was trying to use the Slow Stochastic technical indicator to determine my "buy" and "sell" signals for Biopack Environmental (BPAC). Today, I got the "sell" signal.
Bought: $0.29/share
Sell Signal: $0.21/share, Bid was $0.20/share
Result: 31% loss
I am going to continue testing this stock but using my common sense instead. To me, this is a perfect time to buy.
We will call
Buy1: $0.29/share
Buy2: $0.21/share
Sell: TBD
I will keep tabs on this one. Who knows? I might lose even more, but it sure does not seem like a stock to sell.
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