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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: beckya who wrote (37993)10/4/2005 1:13:10 PM
From: Ken Adams  Respond to of 39683
 
Not meaning to start tinkering with the MAX concept, but will anyway. <g> I think, once I can get back into these trades, I'll trail something like a 2% stop once the position is opened. This, of course, will mean I won't be in every minute of the day, which is fine by me. If the stop is hit, I'll just wait for the next signal, or confirmation the earlier trend is viable once again. This will necessitate a bit more work than checking in once each hour, but a quick back check of the idea suggests it would be profitable. SNDK sure is on a tear today.