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Strategies & Market Trends : DAYTRADING Fundamentals
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To: TheStockStalker who wrote (12116)3/1/2001 9:52:17 PM
From: TraderBilly  Read Replies (1) of 18137
 
PatternDayTradr,

Thanks for sharing with us! I certainly appreciate it.

Regarding:

<<I close the ones that are breaking down with a kind of discretionary mental trailing stop method>>

Could you share any more about your exit strategy? Fixed trailing stop or percentage or ...? When do you get out of profitable trades?

This method looks good because you cut your losers and let your winners run, with a positive expectancy system that generates lots of trades. I like it.

Bill
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