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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....
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To: TATRADER who wrote (26271)12/6/2001 8:52:40 PM
From: Paul A  Read Replies (2) of 59879
 
Mark/Thread- re: CFLO- another way to squeeze that extra bit of profit out of her if she does make another attack on the 2.50 resistance is to use a buy stop just above say at 2.61.. Your already playing with profits, and chances are youll make double the profits as it takes out $3..

I do mostly position trading now that IM getting older and my nerves cant handle the second by second action : ) but when I do daytrade, its almost always using buy stops catching the momentum/short squeeze.. I have done incredibly well with this strategy and IM surprised I dont see it talked about more often here and elsewhere..

My buy stop is in place on CFLO! That combined with the short sellers stops being taken out and youll get your target! : )
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