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On Sun, 26 August 2001, "Hengy" wrote:
>
> I'm working on coding a short term volatility breakout system but am having
> trouble deciding on a method for taking profits. Because this system trades
> often for small amounts I would like to eek out as much as possible on each
> trade. I could work with profit targets but am afraid of leaving too much
> on the table. Anyone have any suggestions? ************REPLY SEPERATOR**************************** *****************IN THIS E-MAIL REPLY: Hengy, some very successful traders use STOP AND REVERSE,whether it be on volatility breakout systems or on contratrend systems.This way they are always in the market -alternating from LONG to SHORT..... Maybe you are aware of this already but I thought I'd mention it since some very successful traders regularly trade this way. Len. (The Disclaimer:All this is for educational entertainment only and does not in any shape or form constitute advice of any sort.)
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