Re: [RT] Trade Management

["EAdamy" <eadamy@xxxxxxxxxxxx>]

My stop is placed at the point where my strategy was wrong so if price comes close to the stop but does not stop out, I will let the trade run. That said, if the approach to my stop and move away are such that the technical characteristics of the trade have changed, I will consider exiting the trade.

 

Earl

----- Original Message -----

From: Joe Duffy

To: realtraders@xxxxxxxxxxxxxxx

Sent: Friday, October 07, 2005 10:45 AM

Subject: [RT] Trade Management

If your in a trade and it almost gets stopped out, but doesn't quite, do you have (i) a rule that says scratch it around even if you can and be thankful, OR (ii) just use the same exit if the trade that was never offside and just boom went your way?

 

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