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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: SpecialK who wrote (1583)	10/23/1998 1:54:00 PM
From: Susan Saline	Read Replies (2) \| Respond to of 43080

I agree 20 would make a good entry for NSCP will keep on watch and post the short term buy I don't like to post trades that I think may only net me a small amount, because, like you say, many cannot take a loss fast enough, and would end up holding for a bigger loss than I may take. Nowadays, on day trades, I am only willing to let a stock fall 1/8 below my entry ... and I bail. Everyone who posts entries and exits .... should do so on a timely basis, so that others who follow in .... will get a good price too. There are many on SI that buy on postings .... so be aware of that. When I make a buy ..... other than for a day trade, the share amounts are smaller, thus I am able to let the stock fall quite a bit more, without worrying. On day trades I now have the confidence to buy anywhere from 500 to 1000 shares On longer term trades I buy in smaller amounts and try to average up, although I will average down if I have a lot of confidence in the stock, but have not found the low point. Take care, Sue