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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: TraderBilly who wrote (12122)	3/1/2001 10:21:18 PM
From: TheStockStalker	Respond to of 18137

Could you share any more about your exit strategy We generally exit when the intraday trend is broken on the stock. But we constantly re-enter if it is resumed. Most of the high beta stocks do not need more than a 2 point pullback and most about a point to a point and a 1/2. Sometimes the technical intraday trend can slump during lunchtime and some additional flexibility is required. Though it could be reasoned that in todays market, positions could all be closed before that slump and the process re-established for the afternoon. PDT