|
Re: week 1 - 2007
Hi Tex! Happy New Year and hope you had a great holiday with your loved ones as I did!
I'm still on the trade. Originally it was a meant for a 9743 area as target. But seeing the bigger picture on daily and weekly, I'm placing a breakeven stop and let the bigger pattern (triangles on daily and weekly) take this trade. Taking this action, I'm wondering if my stop is foolish and should move it to an appropriate area on the daily and/or weekly chart. What do you think?
I've seen traders turn a winning trade from an intraday to a swing (but I've seen newbies doing the opposite... taking the loser from intraday to swing). Think it's a good idea? If it doesn't work out, I'd break even, so no risk to me. One of my new resolution was to ride the winners longer.
|