TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bazan who wrote (1772)	7/24/1998 3:21:00 PM
From: TATRADER	Read Replies (2) of 59879

bazan, my wife is going to trade for me the first 1 1/2 hours of the market day...I will give her the setup list that I come up with each day...I will trade at noon hour and during last half hour of day...With buy stops, and sell stops in place, I feel I can pull this off... Notes on trailing stops... 1) Upon entry of a position, immediately set a protective stop 3% under entry price..On some Nasdaq or bulletin board stocks, you will have to set a mental stop(and follow it!!!) 2)Once the position moves up for a 3-5% profit, move your protective stop up to your entry price, so if the trade goes against you, you come out with a scratch trade... 3)When the stock moves up another 3-5%-move your stop up 3-5%... (this is where the art of trading comes in with determining pullback areas, as well, as to where you put your trailing stop) NEVER ALLOW A PROFIT OF AT LEAST 5% turn into a loss!!!!!! (Jeff Cooper, Hit and Run Trading II) We will beat the big boys...But we have to be disciplined....Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next