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Re: jackticker post# 139963

Monday, 10/28/2013 5:34:55 AM

Monday, October 28, 2013 5:34:55 AM

Post# of 796695
It means I don't try to profit more than a 10th of a % than what I planned on profiting. Say it's a day trade, I'm up 1% and based on the momentum I decided that if I hit a 1% gain then I'd profit immediately. If I wait for 1.1% then I'm breaking my plan. If I break my plan, then I'm taking more risk and have a higher chance if losing.

Prior to my plan, I do as much DD as I can and evaluate the charts.

GLTY