Thursday, June 17, 2010 2:41:36 PM
no .. I never use stops per se . . .
I Hold until I see I am wrong.
I use Support / Resistance levels to enter/exit positions.
If I Open an SSO position and SPX/SPY falls through my Key Support level,
then I will stop my loss.
If I own SSO and SPX/SPY hits Resistance and doesn't break through it,
I Bank my Profits.
All according to my System.
.
I Hold until I see I am wrong.
I use Support / Resistance levels to enter/exit positions.
If I Open an SSO position and SPX/SPY falls through my Key Support level,
then I will stop my loss.
If I own SSO and SPX/SPY hits Resistance and doesn't break through it,
I Bank my Profits.
All according to my System.
.
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