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Strategies & Market Trends : 123 Trends and Reversals -- Ignore unavailable to you. Want to Upgrade?

To: bigbuk who wrote (116)2/12/2001 11:17:46 AM
From: Ally  Read Replies (1) | Respond to of 147
 
re: mixing time frames... learnt my lesson from RIM. Short at $112 for a swing trade (one of the rare occasions i was able to pick accurately a swing top), but set trailing stops as if I was doing day trading. Consequence: I was stopped out in the same day, while RIM continue to downswing to $83 !!!!!!

Very difficult to stay committed to swing trade when watching intra day chart. Dunno what the presciption is yet...


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