Our stock trading strategies are based on surprisingly simple yet effective no nonsense logic that is uncommon in the stock market. For our short term trading strategy we: Buy at support; we take small, quick profits; and we use the 10/2 rule so that we never slip backwards.
Wednesday, May 25, 2005
Think About Trailing Stops Here
What can we say? The market refuses to pull back. There is not much we can do but sit back, buckle in, put in trailing stops, and wait for new entry set ups once the market comes back to reality. We are enjoying the ride and are pleasantly hopeful we will see many more opportunities develop in response to such a strong market reversal.
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