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Strategies & Market Trends : stock picks from vincentg64
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To: Bald Man from Mars who wrote (17)10/27/2000 5:28:32 PM
From: vincentg64   of 40
 
I have the same situation with EBAY today. The platform suggested buy @ 56.441, sell @ 54.063. The range was 49 - 55.56. The close was 52.50.

So what actually happened was: sell @ 54.063 (first) and then buy (back) at close, @ 52.50. In this case, it resulted in a gain.

If Monday XLNX trades between 61 and 69, you would lose money. But this is part of the strategy and on average you gain more often than you lose, and most importantly, you gain more than you lose by quite far (check the chart on datashaping.com to have an idea of the daily gain/loss distribution).
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