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Strategies & Market Trends : Successful Short-Term Trading Strategies for Beginners

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To: The Street who wrote (18)8/11/1998 9:05:00 AM
From: Wayners  Read Replies (1) of 78
 
What kind of predetermined loss do you set?

I don't really use a predetermined loss as a means of deciding when to get out. I judge the liklihood for recovery first. If I think I can get a recovery back to near break even I'll just wait it out. On a heavy selloff I'll bail after only a couple hundred dollars per $10/K.
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