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Biotech / Medical : Biotech - Technical Analysis

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To: Tomato who wrote (264)	3/23/2002 3:03:35 PM
From: JEB	Read Replies (1) of 544

The system for placing stop losses should be according to your portfolio and the money management, thereof. That's why it is not a good idea to call out an opinion of where to place a stop loss because we all have different size and perspectives of how to run our portfolios. The key to trading is to remember that the market is a forum for making money. Not the worlds largest casino. We need to remember that once you reach the strike price (decided upon before you take the trade) you cash out. Once your total portfolio has reached its own strike price, a predesignated amount of money is moved to a safer vehicle. Then that safer vehicle is added to incrementally as the portfolio grows over time. Money is moved to accumulate there and the trades are used to grow the safer vehicle.

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