Dr Alexander Elder's Triple Screen trading methodology Message Board

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Strategies & Market Trends : Dr Alexander Elder's Triple Screen trading methodology

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To: unixgeek who wrote (4)	2/4/1999 3:41:00 AM
From: Bob Jagow	Read Replies (1) of 6

Perry Kaufman. His 3rd ed. of 'Trading Systems and Methods' just appeared [about a year late]. I treasured the 2nd ed ['87] as well as his more recent 'Smarter Trading', but this one is much better IMO. Someone else mentioned "the trailing stop buy-in point moving down with the stock until it hits or expires". I assumed it dies if the next day's low isn't higher [and still negative]; could you clarify the logic, especially 'expires'?

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