V. 19:5 (83): Q&A by Don Bright

V. 19:5 (83): Q&A by Don Bright
Item# \V19\C05\058QA.PDF
$2.95
Availability: In Stock

Product Description

EXIT SIGNALS

I always believe that entry signals for trading are not so important compared with exit signals. Both “cut your loss” and “ride your profit” strategies are exit signals. What’s a good strategy in terms of profit-taking signals? What criteria should I adopt in profit-taking mode?— K.M. Lim, via e-mail

We try our best to teach our traders to read the tape for both entry and exit points. Since we may go in and out of the same stock many times each day, we use minor intraday changes in our indicators for both entries and exits. Sometimes the best exit is actually a small loss (cutting losses, as you mentioned). As far as taking profits is concerned, we use the same criteria, such as a rolling over of the Spoo (Standard & Poor’s 500 futures) or a downturn in the trading sector index. Many times we buy a stock at, say, 51, sell it at 51.50 (it may downtick to 51.25 or so), buy it back for the upturn, and repeat this process. ...continuded




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.




Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order