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: Ken Wolff who wrote (1870)	3/17/1999 5:01:00 PM
From: Ken Wolff	Read Replies (3) of 2120

Reducing Risk (cont...) 3. KNOW THE MARKET YOU ARE IN OR STAY OUT OF TRADES Neutral markets produce uncertainty and decrease your percentages on ANY trade. In a neutral market stocks can get bought or sold... No clear direction with the market or the trading. Also in a "topping" market, stocks can go higher or go lower. Whenever this happens it is called a "Frothy Market" and it tends to yo yo. This type of market is more risky for the daytrader. Ken www.mtrader.com

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