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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Connor26 who wrote (7929)1/11/2002 11:51:44 AM
From: lee kramer  Read Replies (2) | Respond to of 26752
 
Connor: In retrospect, you might have taken profits (some or all) in QVDX by 10:00 as it approached the 200 period m/a on the 15 min. chart. Now it it sitting right on the 20 period m/a @ 7.99-8.00...I think it's wise not to choose the either/or...all-or-none approach. I've found it annoying. Perhaps you should consider selling say 1/2 of your position here, lock in a nice profit...place a stop for the remainder. That way you cannot not come out of the trade with a loss, only a profit. Not a bad occurance.