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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Major Tom who wrote (24237)8/13/1998 5:08:00 PM
From: Terry Whitman  Respond to of 94695
 
You'll have to define your own "decent gain", or "liveable loss". I will put a mental dollar value on the stop loss before entering.
The further out the stop loss, the better the chance at success- and of course the more risk. A Day Trader will close out before the end of the day, whether up or down.
Gotta run, but I'm sure other traders out there can answer your questions better than me anyway.

TW