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To: E. T. who wrote (6175)12/12/2000 6:08:20 PM
From: PlayTheKing  Respond to of 14101
 
ET:

Stops are crucial IMO. Based on my experience the first mistake is usually the least costly.

PlayTheKing



To: E. T. who wrote (6175)12/12/2000 8:02:31 PM
From: David Graham  Read Replies (1) | Respond to of 14101
 
I have to agree that stops are useful. As it relates to the whole trading strategy and knowing where you want to exit, they can be lifesavers. If I had shown a little more discipline (using pre-determined stops to protect capital) and less emotion (i.e. - stop falling in love with stocks!), I'd be doing even better now.


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