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Old 03-28-2007, 03:12 PM
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Re: Position Management Strategies

The problem with that keymoo is that wishful thinking often takes hold and you start cheerleading the market hoping that "just one more push" will get you an extra 50 points.

It all depends on your style of trading. Do you want 10 points twice a day or would you rather capture 100 points a couple of times a week? Whichever way you do it I think you need a target before you enter the trade because it's difficult to be objective and rational when you're in a trade.

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