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: William W. Dwyer, Jr. who wrote (1674)	12/5/1998 1:22:00 PM
From: Ken Wolff	Read Replies (1) of 2120

Hi William, I normally have two options: 1. Short term profits that may be at the first pause up and most generally occur at 1/2 pt... Prior to the 1/2 pt I feel it is a do or die trade in which I am willing to stop out unless I make 1/2 pt minimum.... I usually do not scalp for small profits... 2. Longer term targets are generally over a dollar. You have the choice of either method and I generally consider the buying and selling mood of the market and the ultimate potential of the trade. You can only know what percentage your trade will climb by careful tracking of the market and trade momentum of time. Scammer info can be found here: stockclub.com Good Luck Ken www.mtrader.com

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