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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
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To: wmwmw who wrote (290)1/17/1998 4:30:00 PM
From: Tai Jin  Read Replies (1) of 2120
 
You're right, it's not so easy. I probably would short (go long) at the open or at the first retracement. But as your example shows, this doesn't always work out. It means that no simple rule will work all the time - there are many factors which can change the outcome.

...tai
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