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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (17519)10/22/2001 9:49:53 PM
From: Perspective  Read Replies (1) of 209892
 
This should be highlighted as the "AA Lesson of the Day":

<Yeah, I don't use market orders to enter the market. Have never done that to the best of my recollection. I always get in with limit
orders and always exit either by getting stopped out or with a market order.>

Funny you should say that. In all of the so-called trading tutorials I've read, nobody ever expressed the importance of this simple notion. I had to figure it out on my own.

You should always demand the perfect entry, because they come along all the time. With the right entry, the exit becomes much easier. And when you need out, it's critical to get the hell out without being too picky.

BC
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