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Strategies & Market Trends : LindyBill's Ballroom
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To: OZ who wrote (82)10/2/2001 10:00:34 PM
From: Mathemagician  Read Replies (1) of 248
 
On 4000 shares your pre-defined risk is one point or
$4000.00.

It's actually worse than that. Lindy has decided not to pre-define an exit point on the downside. Your post is an excellent illustration of the reason I've been openly trying to convince him to "cut his losses short and let his profits run" rather than the other way around.

M
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