|
PureBytes Links
Trading Reference Links
|
Hi Kate, you say that you would enter on your first signal. Does your system give you a protective stop once you enter. If it does, then why not hold your position until price hits your target or until it hits your stop. Is there a reason for going flat other than fear? Has something changed in your analysis to make you go flat? Or, if your system doesn't provide a stop, maybe you might work on that end of it. Since we all deal with the fear of losing, I've found that most of the time, the best thing to do is put in your protective stop and your target price and walk away from the screen. Good Trading.ketayun <ketayun@xxxxxxxxxxxxx> wrote:
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 To unsubscribe from this group, send an email to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
Yahoo! Groups Sponsor
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|