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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (3051)11/30/1997
From: Marlin C. Harmon  Read Replies (1) of 7396
 
Mark,

Thank you for your helpful response. After responding to Lzzrd's quiz I expanded the window of the chart and found basically the same numbers as you have given me. My original question to Lzzrd which may have been a little too cryptic was whether he chooses his stop loss on the basis of percentage or upon support levels. Two percent tolerance seems to be the choice of many but a close support level seems logical when actually it is between 2% and 5% in this case.

Thanks to both of you, Mark and Lzzrd for the help,

Back to watching and learning from you proven high yield traders,

Marlin
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