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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (1830)12/16/1998 9:13:00 AM
From: The Devil Dog  Respond to of 4467
 
Thanks Chief, I will be sure to consistently use
stops in my trading strategy from now on.
Thanks again.

Best Regards

WB



To: the Chief who wrote (1830)12/16/1998 6:02:00 PM
From: Sleeperz  Read Replies (1) | Respond to of 4467
 
On your Stop Sell order, do you use Market orders or Limit orders or
a Price discretion at the stop you set?

CL

If the stock starts upward I follow with a trailing stop back .30 until it gets to $5.30 then I will look at the momentum if it looks like it will go higher I let it ride a little longer...but I TIGHTEN MY STOP to a .10c tolerance. If the stock gets to $5.40 then the stop stays at 45.30 no matter what....then I just look for an exit!