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John,
Before I enter a trade I know when I will exit if I am wrong
about the trade. The method I use is $ amount I am willing to risk on a
particular
trade.
Hope that helps.
David
-----Original Message-----
From: JMAXBragg@xxxxxxx <JMAXBragg@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Monday, March 08, 1999 2:10 AM
Subject: Exiting a trade
>I would like to get some feedback as to when traders should exit a trade
gone
>bad in day trading, swing trading and long term investing. Your concepts
and
>the reasoning for it would be appreciated.
>
>Thank you,
>
>john
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