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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (1357)	12/23/2004 6:01:22 PM
From: Big Dog	Read Replies (1) \| Respond to of 13449

Thanks Bum...thankya very much. I'm being very stubborn about not letting a trade move to a loss after it has a gain. But like I mentioned before, I'm torn between selling due to the TA and selling due to protecting capital and preventing losses. Any thoughts on that? Should I set that initial wiggle room stop and just accept that as a max potential loss if it comes, or raise that stop to break even after I have a gain of 15 cents or so? Man...that GPS just went FLAT! I took profit at 21.20, and that was about it for the day as she stayed within a few pennies of that after the nice rise early. I am thinking that consolidation may portend for a break to the upside...however, I am but a Dog (who is picking his Navy son up at the airport tonight for some leave! How fun!). big