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John
You might be interested in two TASC articles on exits. Katz & McCormick in
May+March 98 discussed specifically improving performance by using a better
exit strategy. They briefly presented various strategies using a random
entry, and the conclusion was "a reasonable exit strategy can vastly improve
system performance". The articles are well worth a read.
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So I admit it, I sometimes lose money because of my exit strategies. A
lot more than I would like to admit. So what are some of your thoughts
on exiting a position. I really hope I get a lot of feedback on this
because this is really important to me, and it seems to a lot of other
people too.
John Manasco
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