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Strategies & Market Trends : Aardvark Adventures -- Ignore unavailable to you. Want to Upgrade?

To: Ron who wrote (910)1/2/2005 8:06:27 PM
From: ~digs  Read Replies (1) | Respond to of 7944
 
Yeap, money mgmt is key. Most of what is posted here requires wide [mental] stops. I'm usually willing to lose 10-12% before cutting loose. When a position goes into my favor by an order of the same magnitude, I move my stops to breakeven. Profits come when a stock has moved up 20% or greater. All of this is in an effort to try and maintain a better than 2:1 risk/reward ratio.


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