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Strategies & Market Trends : DAYTRADING FUNDAMENTALS Real Time Stock Picks&l -- Ignore unavailable to you. Want to Upgrade?

To: David Loomis who wrote (851)4/25/2000 12:54:00 PM
From: Eric P  Read Replies (1) | Respond to of 871
 
I will often set a stop this wide. This will usually be a result of one of two factors: Either you are dealing with a very volatile, high priced stock which needs lots of room, OR you are involved in a swing trade which will last over a few days and don't want to be easily shaken out, OR both.

Certainly a six point stop is too wide IMO for people doing scalping or very short term trading of 5-15 minutes, etc.

-Eric


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