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Strategies & Market Trends : Technical Analysis - Beginners

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To: Julius Wong who wrote (10847)2/27/2000 9:11:00 PM
From: Michael Watkins  Read Replies (2) of 12039
 
I think the answer lies in the timeframe you are trading in. Most of my trading is off a 5 minute chart, therefore my exits are based on the 5 minute chart.

Position traders might have a time horizon of days, weeks or months. Buy and holders may have no time horizon to speak of.

So you are right, its a difficult question to answer for someone, but the question to ask first is - what time frame are you trading/investing in?
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