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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who wrote (4049)	11/9/2000 3:23:23 AM
From: Jill	Read Replies (3) of 8925

Yes...at least I've learned not to puke at the lows <g> Icannot believe the dream I just had, that woke me up--about trading stocks somehow associated with gunslingers. LOL. I'd like to discuss stops a bit more, and how you set them. People often have a rule such as lose no more than 20%; or they set just above or below obvious points of resistance or support, you say you don't do that. I can understand if you're trading the trend it isn't as "bad"--but the whole point of support and resistance is about gaps and in a sense stops, so where do you set them so that you don't get "taken out" on a "force" up or down by the mm's to the stops/gaps--or is it just a necessary evil you live with? Back to sleep.

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