SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (1175)8/9/2001 11:47:37 AM
From: Stephen M. DeMoss  Read Replies (2) | Respond to of 1328
 
LG, Thanks for the input/feedback. My fear of using these trailing stops is that the stock is volitle and they always seem to come and pick me up. My trade is $1.2+/- in the money. If we really rally from oversold positions (ie. the indicies turn up today - not unreasonable), Ciena should lead the way as it had a very positive mention on CNBC from an analyst who says they will make their number and keep projections of earnings for the coming year. Any other thoughts are very welcome! Thanks in advance, Steve D.



To: HairBall who wrote (1175)8/9/2001 11:49:04 AM
From: Daveyk  Respond to of 1328
 
<<As the trade begins to extend in a profitable direction begin a tailing stop loss
point loose at first and as the trade continues to extend in a profitable direction tighten as your profits rise.>>

My thoughts exactly.What I've been doing of late is getting 5-9% profits intraday and selling with 3-5%.Those days of letting profits run just ain't here on most trades.This has been a reconditioning process and I've been slow to adapt.Thanks for sharing your experience.