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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: Joseph M. Chrolavicius who wrote (3516)7/9/2001 7:49:44 AM
From: Michail Shadkin  Respond to of 6873
 
Joseph, I have an exit strategy prior to every single position I initiate.

But, this is the reason I use stops on all short term positions.

I also diversify all holdings and allocate well on all medium to longer term positions.

Never let 1 or 2 positions destroy your account.
Account preservation should be the number 1 goal of every single investor.

Michail