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Strategies & Market Trends : SPARKY'S CORNER

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To: Bruce A. Brotnov who wrote (3949)1/30/1999 10:42:00 PM
From: Dwane Houghtaling   of 4142
 
Bruce. As you know, I haven't had much or should I say any :( success with stop-losses. I've got a 27% paper profit now. I'd just hate to loose that. Not being able to monitor the market during the day, I'm a bit leery of using mental stops. I'm thinking of going a bit higher then the percentage previously mentioned against the closing ask to limit the chance of loosing this one. As always though, its a decision each person has to make for themselves -- no blaming someone else. In any case, thanks for the warnings about the MMs.

Dwane
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