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Strategies & Market Trends : BreakWatch. (End of Day Studies for Tomorrow's Trading)

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To: Joe Pistell who wrote (36)8/25/1999 3:57:00 PM
From: Talib  Read Replies (1) of 47
 
Joe, Hi,

I am new to this thread and a novice trader with about one year trading experience.

I have read on Money Management & Sell Stops but I have not figured out the correct point, which has also made me stopped out early and miss the ride.

To get to real life case, I bought yesterday 100 shares of ABT at 44.00 plus brokerage commission of 30.00
To-day the stock has moved upt to 45.00
Should I place Sell stop and if yes where ?
What criteria would set my sell stop ?

Also I would like to receive a copy your Breakwatch system.

Thank You.

Talib
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