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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: Don Green who wrote (1385)12/3/1997 11:25:00 PM
From: dunlurkin  Read Replies (2) of 12617
 
Both of you guys:

How do you manage risk? Do you risk a certain percentage of your total equity on a given trade? (say 1 or 2 %). Do you use a point beyond support or resistance? Do you make a gut decision that you're wrong?
Do you get out immediately or wait for a bit of a reaction to get out at a better price (problem with this technique, is it gives you hope and then you stay a while longer.)

Just curious.

Thanks.
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