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In a message dated 4/7/99 12:53:14 PM Eastern Daylight Time,
ericrogers@xxxxxxxxxxxxx writes:
<< Ben;
How did you arrive at a 1.4% stop? Did you research it back X number of
years. How did this work out during 1997 and 98? How many times did
you get stopped out?
What was your draw down prior to obtaining the 1.6% ?
Norman E. >>
god morning
i use 1.4% from the highest hi in last 2 days.,
this is suitable for positionn traders of 1-5 buss days
for real big accounts with LONGER time frames like me. i use 2.8%
(if a stock or commodity is to close 2.8% under its most recent hi then the
uptrend is
suuspect)
hope this helps
Ben
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