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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: PaulB who wrote (14569)	9/12/1998 8:58:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 120523

HI Paul the GTC order is strickly based on how much profit you want to make or think you CAN make, on the stock or option you're trading.. as an example...on option trades, if you pay $6.00 for the option would you be happy with 10%-25%-50% or 100% or more on the trade... are you trading intraday?, 1-5 days, 1-3 months??? each set of circumstances creates a different approach... but by all means, when you buy the stock/option automatically put in a sell order...it's so easy, less stressful, takes all the fear & greed out of the trade...remember you can always remove the GTC at any time if you think the trade is going a lot higher, on news, earnings or whatever... anyway....KISS.....& good luck....:>}