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At 12:16 PM 8/30/98 -0700, Brian Massey wrote:
>Kim,
>
>There are things you can do to minimize this potential of getting bad
>slippgae. There is a way to anticipate! And that's what trading is all
>about anyway -- anticipating.
Brian et al,
I've found watching a 2 tick chart to be helpful when in doubt. When the
size of those bars starts getting larger than a 20-30 cent spread
(certainly @ 50 cents), I stand aside. I prefer 10 cent graduations, but
will accept up to 20 or 30 cent ticks. When it gets bigger than that I KNOW
it'll move too far for my planned risk.
Michael
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