LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Copeland who wrote (11441)	3/25/1999 6:02:00 PM
From: Copeland	Read Replies (1) of 43080

I just wanted to add that I've kept a few of these positions open overnight based on instinct, how they were moving towards the end of the day, and my feelings regarding their charts, including my CTL short. Point gain is calculated (obviously) from the entrance point and the closing price, assuming that I liquidated all the positions at the close. A few of you PMed me regarding exactly where I put in my stops. The stops listed should be considered advised extremes; I generally set my own pain threshold at a point to a point and a quarter from my entrance. Sometimes I'm stopped out prematurely for a loss on a (case in point, my GTW fiasco the other day), but my system's saved my butt countless times. I'm a little more lenient when I trade Internuts due to their volatility. I also like to tightly follow my winning trades with stops as well, just in case.

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