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To: ELH1006 who wrote (4471)2/10/2006 8:56:27 AM
From: OldAIMGuy  Read Replies (2) | Respond to of 4710
 
Hi Eddie, That's sort of what I do, but in smaller increments.

At about 30% above my last buy (I buy in small increments, too) I start to part out the shares. So instead of waiting for a double, I wait for a 30% rise. Then sell more at 10% rises afterward (approx.).

It's sort of scale trading but slightly different. The method works best with stocks in a trade range.

Best regards, Tom


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