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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (9499)	12/20/1997 4:11:00 PM
From: Michael L.	Respond to of 79383

Doug, <The rule I gave for stop loss was "at least one tick" below the low on the signal day. It's up to the individual to decide how many ticks are tolerable.> In your text from the seminar: the exit when the trendline that best fits the entry point is broken. Is it a difference between taking profits and cutting losses? Still the best is to get out when the trandline is broken? What is the best way for you to find the next higher low for re-entry point? Thanks in advance, Michael