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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling
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To: JustTradeEm who wrote (116)5/1/2001 7:57:21 PM
From: Michail Shadkin  Read Replies (1) of 6873
 
JBinPA - re: holding period

My holding period on shorts depend on 2 things.
1. How overextended and overvalued a pos is.
2. Current market conditions - right now I am doing a lot more hit and run (1-3 day) as the market is heading higher.
I extend the holding period and increase my targets if the market is heading south.

I also never let a small loss become large, no matter what.

I am very glad you are enjoying this thread.

Michail
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