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

To: CommanderCricket who wrote (6865)1/3/2006 12:06:41 PM
From: chowder  Respond to of 13449
 
>>> I've discovered if any my swing trades (2 - 5 day period) are down after purchasing and can't get back up to my buy point after a day or so, I sell em. Poor entry.. <<<

That is the correct strategy! Well done!

To be honest, a lot of swing traders (2-5 day time frame) will sell the day they buy if the stock closes down 1% below their entry, and the stock is down on the day. Like you, they chalk it up to poor entry.

dabum


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