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In a message dated 10/12/99 12:45:03 PM Eastern Daylight Time,
t-bondtrader@xxxxxxxxxxxxx writes:
<< I am interested that even on a position (?) trade you would put your stop
as far away as Friday's High. Can you give me your rationale, bearing in
mind I would have thought that Friday's Low would have been good enough!!
Bill
>>
hello
a very good question
i find in position trading that :, when your stops are too close , you get
stopped out,
only to find out a day later that you were right on the direction, but do
not have a position
when you give the trade a little room you will stay in the right side of
the trade
(even with a little volatility)
regards
Ben
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