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Politics : Idea Of The Day

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To: Tom Trader who wrote (15719)	12/18/1997 12:25:00 PM
From: Mark	Read Replies (1) of 50167

RE: EXIT STRATEGY... While back, when deep discount brockers became availible, I experimented several simple ideas with real trades! One simplistic exit plan that resulted in exellent gains(not considering money left on the table)was: Exit any position as soon as it had MIN of One point gain or MAX of one point loss.(min.1000 shares per position) Discontinued this plan when I learned(?)more about technical analysis and all the fancy indicators, never mathing the success of those simple, fast trades. regards , ST

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