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Hi,
I was wondering if anyone has any personal/book/website suggestions about
how to enter/exit trades. I find that on paper what I project within time/price
comes true about 90% of the time. However I don't make the
profits.
At first I would enter on the first signal only to find the stock to slightly
reverse and then I would exit (going flat)out of relief . My next thought
was to enter on a pull-back but often the trend is so strong that there is
no pull-back until after it reaches my profit objective or if I just jump
in somewhere before the profit is reached panic sets in because I did not
have any clear signal to do so. BTW I use 65,39,13 and 5 minute charts. Major
pattern is usually on larger time frames with entry/exit on smaller (to keep
losses down).
Any and all suggestions welcome.
Thanks,
Kate
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