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Strategies & Market Trends : The Home Run -- Ignore unavailable to you. Want to Upgrade?


To: gold 77 who wrote (490)11/6/2006 1:18:49 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 525
 
Of course, that's predicated on the notion that it will continue to rise.

In any event, doing that while maintaining a profitable stop eliminates the need to daytrade unless you choose to do so.

I actually prefer to take positions this way when possible. If a market goes into a trend there's really nothing you need to do.