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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrader who wrote (194)	1/12/1998 4:59:00 PM
From: Ken Wolff	Read Replies (1) \| Respond to of 2120

Hi Baron, I don't really feel like that strategy needs to be necessarily associated with a "dumper" on mediocre bad news I agree with you about many stocks are easily read off the bottoms. I have found it to be a matter of 1. POTENTIAL and 2. FOCUS I focus on stocks that are predicatable and I know many traders do not feel comfortable with the losers of the day but I have found the opportunity over the years very predictable. I agree about the stop losses as any stock can dump from a bottom. Stop loss is the only way to insure against heavy losses. Ken mtrader.com