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Re: IzY post# 446

Tuesday, 03/27/2007 12:34:02 PM

Tuesday, March 27, 2007 12:34:02 PM

Post# of 482
IzY - well,...as the statement goes,..."plan your trade and trade your plan."

it would be to your advantage to set a stop loss right after you place your trade. to protect from any downside. then determine what you want from it?,...5%, 10%, 15%, 20% profit and set a GTC for that.

as the pps rises you might want to raise your sell order in accordance to the profit level you desire.

so the bottom line is to not get greedy and protect your investment,...but let your profits rise when the pps begins to move.

hope that assists.

invest at your own risk, based on your own due diligence, at your own risk tolerance

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