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In a message dated 99-06-28 12:05:30 EDT, ist@xxxxxx writes:
<< The system I use, utilizes stops and trailing stops. Once my entry price
is hit
there is an 80% probability of reaching the first price target. Therefore, I
know that 20% of the time my stop will be hit. The majority of times before
the
stop is hit I know that I have made a mistake and exit the trade. I also
have
an entry in the opposite direction. Have a good week. I >>
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Ira how big is your stop compared to your initial target? thx.
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