Trader J's Inner Circle Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trader J's Inner Circle

NVDA 185.58

+1.8%

Dec 8 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Trader J who wrote (26)	11/1/1998 6:37:00 PM
From: JEB	of 56535

Good point! Invariably a run needs a pull back and support buying (Base) to make the next run. I use to stay in a stock too long (as you pointed out) and would lose most of my gains. In some cases, it would fall back lower than the original base before the run. I finally learned to get out (Take profit) on the run and wait for it to base before I would get back in. Sometimes that takes days or weeks but it allows your money to be used on other stocks that are running while your waiting for the original stock to show life again. Level II allows you to set alarms so that it will watch your stock for you (After you have put in the variables, i.e. - looking for a volume of this or a price rise of that) so that you may trade others and it will alert you before the stock gets away from your pre-conceived entry point. Good trading, JEB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next