STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE Message Board

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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Todd P who wrote (1953)	1/27/1998 8:52:00 PM
From: milesofstyles	Read Replies (1) of 2377

todd, this may help, an uptrend line was just broken, look at the chart you will see it, often the break on that trend will indicate a bounce back to the moving average, the short term ma looks to be about 4.20, i would set my stop below that. don't set it on an even number ever,never, (this may be why you get stopped out my guess,) ie 4... or 3.50 to a lesser extent. you can only decide yourself where to bail if you want to but determine that immediately after you buy and it removes a lot of the "oh sh*t" emotion. then set it below that even number, ie 3.88, 3.38 etc. i'm always learning and this i believe will help, additional comments/criticism welcome as i've had trouble with this in the past as well. if the stock is strong it will bounce off the moving avg, keeping you in play.

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