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Re: traderking1964 post# 16092

Friday, 03/23/2012 11:22:27 AM

Friday, March 23, 2012 11:22:27 AM

Post# of 38475
Whatever makes sense for what you're playing with.

If you're trading with $500 then it doesn't make much sense for you to bail for a 10% swing. That 10% swing will only happen if you play the dip perfectly. Let's be honest, nobody can play it perfectly, so it makes it even LESS worth it.

If you're playing with like $5K or more I think it's worth it.

Is it worth risking $5K for a $500 swing?

Some say no, some say yes...depends on your trading style.

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