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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: TraderAlan who wrote (5464)	11/15/1999 9:35:00 PM
From: shasta23	Respond to of 18137

Thanks ALAN.... you gave me food for thought and now i need time to study!Grateful for support and clearing up my head a bit!! Way to go for me... Stefan

To: TraderAlan who wrote (5464)	11/15/1999 11:43:00 PM
From: cloudless	Read Replies (1) \| Respond to of 18137

Alan, thanks for your point I excerpted below. Sure makes sense. I haven't been using stops well and now I see it's because my stops didn't have a reason for being (other than to not risk money). Finding the right trade where a stop I can live with also has a rationale sure makes a lot of sense. Thanks. Cloudless >>The point of exiting is to leave the trade when you're proven wrong. That also means finding trades where proving yourself wrong is within your risk tolerance.<<