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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (4395)	9/22/1998 9:35:00 AM
From: Patrick Slevin	Read Replies (1) of 44573

<How do you define your exit points? Any thoughts?> Defined based on the circumstances of the trade....basically how I entered it and what I was looking for. A scalp may have a 2 point stop, a trade put on for another reason may have a 4, a position may be 6 or more. It's subjective and has a lot to do with number of contracts, sensitivity to risk at the moment, and downright "feel" or intuition. I guess in my heart I shall always be more intuitive than anything else. Well, here we go. Side Note? I was just booking a trip to Seattle and noticed a special $98 fare price from New York to? Puerto Rico. Talk about your unfortunate timing.

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