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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: tom r. phillips who wrote (7873)	4/17/1998 3:55:00 PM
From: LastShadow	Read Replies (2) \| Respond to of 120523

Mental stops work in less volatile markets and trending stocks. If you can watch the ticker, then those work well and that is what I do. But for the most part, I only check on things a few time a day, and set the stops as appropriate. Real stops that is. Had i more time I would probably have exited ANDW an PWAV higher than the set stops did, but had I not set them i would have been in worse shape. Position trading is a little different than day trading in that it requires a little more discipline but rewards one with time to do other things. ls