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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Sam Citron who wrote (44327)3/22/2001 6:52:21 PM
From: advocatedevil  Read Replies (2) | Respond to of 70976
 
- ST - RE: "Do you set your stops in accordance with some predefined % loss, rather than support and resistance areas?"

Answer: More yes than no, and it varies. How's that for an answer! Seriously, I take into account a wide variety of factors with each trade, but the overriding factor is simply determining reasonable percentage gains or losses. My goal is to simply keep playing the game by accumulating more wins than losses. I try to avoid the temptation to get too greedy and I don't mind paying the price of limit insurance to keep from getting taken out completely in one play.

AdvocateDevil