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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?

To: Todd P who wrote (1953)	1/27/1998 8:52:00 PM
From: milesofstyles	Read Replies (1) \| Respond to of 2377

todd, this may help, an uptrend line was just broken, look at the chart you will see it, often the break on that trend will indicate a bounce back to the moving average, the short term ma looks to be about 4.20, i would set my stop below that. don't set it on an even number ever,never, (this may be why you get stopped out my guess,) ie 4... or 3.50 to a lesser extent. you can only decide yourself where to bail if you want to but determine that immediately after you buy and it removes a lot of the "oh sh*t" emotion. then set it below that even number, ie 3.88, 3.38 etc. i'm always learning and this i believe will help, additional comments/criticism welcome as i've had trouble with this in the past as well. if the stock is strong it will bounce off the moving avg, keeping you in play.

To: Todd P who wrote (1953)	1/27/1998 9:05:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 2377

Todd, it depends on your trading style, risk tolerance, volatility of the stock, stock market conditions and other factors. One rule of thumb to use is to constantly move your stop up as the stock moves up and another good rule is to set a mental stop when you first take a position. Miles' post had some good points that you may want to concider. Experience will help you out the most. Start by using mental stops on all new positions and stick to them. Sell when your stop price is hit. Once you have a profit, move the mental stops up until you have enough profit to place an actual stop order. Sergio