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This is not entirely related, not completely off topic, but here goes.
I've picked up a few 'proverbs' through the years, and wish I could
collect more of these and put them in a book or something. Anyhow,
here are a few of those:
Buy low, sell high
Buy in weakness, sell in strength
Buy on rumour, sell on fact
Run profits, cut losses
Regards
MG Ferreira
TsaTsa EOD Programmer and trading model builder
http://www.ferra4models.com
http://fun.ferra4models.com
--- In equismetastock@xxxxxxxxxxxxxxx, "metastkuser"
<andysmith_999@xxxx> wrote:
> When it comes to exits, a lot has been written about exits where you
> give back a little profit -- such as trailing stops, various exit
> indicators, etc.
>
> But what about exiting into strength? What about the philosophy that
> your profit exit should be predetermined at the time of placing the
> trade, and when you meet that target you close the trade?
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