Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Ken Wolff who wrote (712)	3/17/1998 12:17:00 AM
From: Ken Wolff	Read Replies (1) of 2120

BUYING AND SELLING (PART II) I have never been sorry for quick selling and take short term profits even though some stocks will weaken momentarily and then continue up. I have, in essence, purchased an INSURANCE policy against another run on the downside. The few stocks that make that unexpected run to the downside can eliminate a month of trading profits. Remember: THE REASON I PURCHASED A STOCK IS BECAUSE "IT IS BEING ACCUMULATED". WHEN THIS IS NO LONGER VALID, I MUST EXIT OR I RISK FORMING BAD TRADING HABBITS! Ken www.mtrader.com

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