Day trading in Canada Message Board

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Gold/Mining/Energy : Day trading in Canada

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To: the Chief who wrote (1824)	12/15/1998 10:33:00 PM
From: The Devil Dog	Read Replies (3) of 4467

Evening Chief I learned an expensive lesson recently for not setting stops on a position I was in. My question which I know is purely subjective to ones tolerance to risk is; how far back do you normally set your stops from the inside bid % wise or just 25cents 50cents, again it also depends on the price of the stock also. When a stock is continuing to run, how far back will you allow it to trail. Your thoughts and any other input by others would be appreciated. Best Regards WB P.S. If anyone else would

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