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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (5480)	2/9/2000 11:34:00 AM
From: JDinBaltimore	Read Replies (1) \| Respond to of 11513

Hi GZ, Exactly! This may be stupid but as soon as I enter a trade I immediately enter a stop 4.5 away that is the max I will take - Period. It hinders me.. I feel, but as you say the ground work must be laid for the entry. Take yesterday and today. I'm trading spx 1450 puts entered yesterday pretty close to the top - made it through the day at the open got 3.25 points and sold the contracts. Was almost stopped out yesterday, and have a feeling we are going lower today based on the double tweesers on the 60 min of yesterday. What do you use as an exit strategy? Best Regards John