Traders Laboratory - View Single Post - Position Management Strategies
View Single Post
  #7 (permalink)  
Old 03-27-2007, 09:56 AM
TinGull's Avatar
TinGull TinGull is offline
TinGull has no status.

Trader Specs
 
Join Date: Oct 2006
Location: Stockton Springs, Maine
Posts: 1,464
Thanks: 0
Thanked 17 Times in 7 Posts
Send a message via AIM to TinGull
Re: Position Management Strategies

Quote:
View Post
Thanks TinGul,

If the position moves against you, do you exit out of it at once?
Cut the loses down and let the winners run. This is okay. But have you or anybody tried applying staggerred stop losses?

sds.
Yes, I do. I have a 10 point protective stop on my trades. Timing does have to be pretty precise and all my trades are entered with limit orders.

Reply With Quote