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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (426955)10/16/2008 12:55:35 AM
From: bentway  Read Replies (1) | Respond to of 1578299
 
Well, it seems we have very different trading strategies. In the current environment, trailing stops have worked wonderfully with me trading DXD.

Another reason I like trailing stops is that they remove all the emotional attachment out of the positions I take. I really like some of the stocks I buy, and left to my own devices, I've been known to hold them to very severe losses. The trailing stop is my Vulcan logic, strictly enforced.