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Strategies & Market Trends : Lizard King's Trading Swamp
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To: Andrew Hunter who wrote (538)8/19/1997 5:54:00 PM
From: Willsgarden   of 7396
 
Andrew, would it be too simplistic to say cut your losses quickly, and let your profit run. Perhaps set a loss limit at the time you're executed. This is especially significant when day trading. If you're not opposed to holding a trade that has moved against you, and if the fundamental are sound and in an upward trend line, there could be another go around.
It may sound a little cliche-ish but we all need to be reminded IMHO.
Bill Monier
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