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Biotech / Medical : Arena Pharmaceuticals (ARNA)
ARNA 99.990.0%Mar 15 5:00 PM EST

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To: The Ox who wrote (2216)2/24/2014 4:11:29 AM
From: Robohogs  Read Replies (1) of 2274
 
It seems that you are outlining the key dilemma in trading: % wins vs avg gain/loss. Expanding stops a bit (if mechanical) probably expands % win while maybe adding to avg loss reducing average win/loss - not definite. A $0.01 stop creates 100% losses or thereabouts with tiny losses. But a 2-3% stop? A 1% stop?

Of couse, when I take the loss, immediate flips occur. If I stay in, the wrong-way move accelerates!! Lol.

Jon
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