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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (4346)	6/24/1999 9:45:00 AM
From: Ken Adams	Read Replies (1) \| Respond to of 39683

Thomas, Profit targets are always difficult to determine. I have a long time friend who's lived off the market for better than 25 years. He is a short term trader, not a day trader. He says "...if they want to pay you, take it." His strategy is that most moves last only a short time. When the move's momentum begins to fall off, he watches for the exit. He doesn't like to stay when the wiggles start, so he takes a few percent and scoots. I wish I could be that disciplined. My trading record would sure look better. Ken