Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: rfisher who wrote (254)	2/17/2000 5:24:00 PM
From: Zeev Hed	Respond to of 30051

Yes, I typically decide ahead of time how much money I am willing to lose on each entry. As for selling, no, I often have a range or a target and once this target is reached, I reevaluate. In some core positions the stop loss is far from the current price but that is typically because I write call against these (like MRK where the stock is being killed, yet I keep making good money on the calls, but even in MRK, I have a SL of $58, which if it is breached on a closing basis, I'll be out). Zeev