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To: GeneM who wrote (716)11/1/1997 4:05:00 PM
From: ivan solotaroff  Read Replies (1) | Respond to of 12617
 
GeneM:

I guess I don't understand you.

How are your following two comments compatible?
(1) " When I play NASDAQ stks. I will never give up more than 5% on a spread, no matter how much I like the trend."
and
(2) "I ... make a play, with a tight (2-3%) stop."

If you're giving up to 5% on the spread, how you can keep it below 3% on the stop order?

Thanks in advance,

Ivan



To: GeneM who wrote (716)11/2/1997 11:16:00 PM
From: ojai  Read Replies (1) | Respond to of 12617
 
Gene-

Thanks for the response. I've been using 20 and 50 day MA's and not getting clear signals, at least for daytrades. I'll try your recommendations and let you know how it works out.

-Tim


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