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Strategies & Market Trends : Trading For A Living
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To: William W. Dwyer, Jr. who wrote (1589)4/19/1999 2:34:00 PM
From: Investor2  Read Replies (1) of 1729
 
Yes, that answered my question. Thank you. I do have one or two more, though.

Re: "I feel that it is important to always set a stop loss point on any trade."

Do you use a mechanical stop, i.e., actually place a stop loss order?

Are you flexible with your stop, i.e., do you ever lower your stop point in the midst of a "trade" in response to the price action of the stock?

Best wishes,

I2
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