Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 190.23

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Nov 14 9:30 AM EST

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To: JamesT. who wrote (10241)	2/27/1999 11:23:00 AM
From: Trader J	Read Replies (1) of 56534

JamesT - Firstly, welcome to the thread, glad to have you aboard and out of the closet. :) Poet makes a good point, there are many different interpretations of the different levels of trades. I pretty much agree with Poet except I see intermediate as 1 month to 6 months. Often times I also see position trades as open ended on the back side. I usually use 2 weeks as the backend with the possibility of an extension of another 2 weeks to take it up to a month. Anything over a month qualifies as an intermediate hold, or to put it another way, a position trade gone bad. So: Day Intraday Only! Position: 1 day - 2 weeks Ext. Position 2 - 4 weeks Intermediate 1 - 6 months Long 6+ months Good luck TJ

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