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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Cormac who wrote (5193)11/4/1999 5:55:00 PM
From: TraderAlan  Read Replies (1) of 18137
 
Cormac,

I always trade pure point loss rather than dollar loss. But you also have to consider "ease of exit". Some stocks are much more likely to swing sharply against you, forcing greater slippage while others can be entered and exited most time with ease.

An example of an easy entry/exit is WCOM while a slippier one is QCOM. I don't trade QCOM precisely because I can't limit risk to the tolerance of my trading system.

Alan
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