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 : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: 1-DAY-TRADER who wrote (55358)	4/30/2000 5:41:00 AM
From: Dale Baker	Respond to of 122087

Subject 17225 I set initial stops 10-20% above my entry point. Once the position is profitable, I usually look for an intraday high from the previous day or the day before that and mark that as a breakout point. So my new stop goes in there to protect profits. I am a cautious trader overall. My approach will never produce a 2000% return in one year, but it isn't designed for that. OTOH, I sleep like a baby with the positions I play.