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Fibonacci techniques are excellent for this.
The idea is to calculate a profit objective so
you exit before a pullback..
-Neal.
At 03:08 PM 3/15/2001 -0500, you wrote:
>I wonder if people could comment on profit stops. It seems that I buy
>stocks, the price increases, and then they fall down and I lose most of my
>profits. Is it best to stick with a trailing stop or should a certain profit
>% be used to take profits? What profit stop should be used?
>
>neo
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