Traders Laboratory - View Single Post - Possible Exit Methods
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Old 05-08-2007, 02:43 PM
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Re: Possible Exit Methods

Exit Method: Fixed Targets & Tape
PRO'S: Exit at first warnings. Easy to spot sellers.
CON'S: Tendency to exit too earlier. Will not sit through pullbacks majority of the time.
COMMENT: One really needs to understand the tape of the contract he trades. The ability to see the action behind each price level is important.

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