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Strategies & Market Trends : Ask DrBob

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To: longdong_63 who wrote (59437)5/11/2002 3:32:07 PM
From: Louis V. Lambrecht  Read Replies (1) of 100058
 
Never, never, never make a trailing stop known: you always will be filled the day of the breakout.
You better keep a mental stop. Mine are not even trailing, but set at former S/R.
And I allow some latitude around supports and round numbers where most traders have their stops. All depending on the mood of the market and the tape that day. <g>
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