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Tom Stein wrote:
>
> The important point is as always money management. These numbers are
> guidelines, NOT absolutes. IF you trade these numbers...give them about a 1%
> leeway. IF that 1% is too much to risk(the big spz=$4,500)...Don't take the.........
<snip>
Hi Tom,
In using these Fib levels, especially as day-trading levels, I was
curious if you also utilized other confirming indicators, to back
them up, and if so, which ones?
Also, on your entry, you are setting your stop 1% away. do you
normally SELL immediately when the market reaches your price
objective, or do you wait for confirmation such as a directional
pause, and then come in "under" the market with a stop order etc...
Thanks, :)
Walt
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