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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 652.56-1.5%4:00 PM EST

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To: xcr600 who wrote (20608)4/26/1999 12:44:00 AM
From: Johnny Canuck  Read Replies (1) of 68150
 
XCR600,

You seem to be trading the Internet stocks based on end of day numbers. What are you using as a stop loss system and where have your stop losses been set? Are you similarly using stop gain settings in order to lock in profits due to the volatility of the price action.

I am trying to paper trade a system based on end of day numbers. I am currently only paper trading one stock, but I am finding the draw down based on end of day numbers quite large.

Harry

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