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Strategies & Market Trends : The Market Taught Me That...... -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (129)11/13/1997 10:15:00 AM
From: Richard Estes  Respond to of 151
 
ALL

On stops: When you place them. You do so at a point where YOU say you want out! If your stop is caught, you can, most of the time, get what you wanted and the place at or near the point planned to exit the trade.

Have a plan, follow the plan. Buy and hold can tear you up in this type of market. You can't play the game without money, preserve it.

If this market worries you, if you feel confused, get out and go to cash.



To: Dale Baker who wrote (129)11/13/1997 11:47:00 AM
From: Michael  Read Replies (1) | Respond to of 151
 
Unfortunately my discount broker (NDB) won't allow stop-limits on OTC issues. Only NYSE. Is this normal?