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Re: rickbeth post# 16639

Monday, 04/26/2010 10:43:46 PM

Monday, April 26, 2010 10:43:46 PM

Post# of 47295
If you played this one because of me and are feeling uncomfortable. Protect yourself by picking an exceptable loss figure and sell if it's reached.

I have a 20% gain target & 10% acceptable loss target, on a 2 week swing trade. Right now down 1.2%, was up 5% for a while and have one week to go. This is how swing trades work. They don't all run the day you want and they don't all move the way you want.

Have a plan and stick to it, unless you feel uncomfortable. Flag patterns are not the most reliable patterns. I may adjust my loss, if there are two many red days in a row. Or adjust my gain goal if it runs to fast. All personal decisions.

Right now.
What me worry!

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