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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote ()	10/7/1997 3:28:00 PM
From: Rene Madsen	of 12617

How does the pro know when to get out of a good stock? For example today, both MSFT and INTC were both up more than $2 each and there should be no reason for them to go back so I kept them. After lunch I come back to see them up just around $1 only. Why didn't I sell when they were 2 ahead? I have previously tried making stop-losses, but it seems they are triggered quite randomly, and you often end up selling without any apparent dive in the price. What I mean is, is there a rule-of-thumb when to take your win and go to another table (stock) or should I stay at my terminal all day? Hints most appreciated!

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