Hey Scott I remember reading in one of your posts that you use manual stops. How do you manage that with multiple positions without letting things run away from you? Is there any particular reason you use manual stops? Thank you
pav- these days i mostly use auto stops although sometimes just mark my spot and do it manual. it all depends on the characteristics of the stock, how fast or slow it moves. but as i said these days it is set it and forget it until it moves my way then adjust it ever closer so that i capture profit no matter what until either I exit or get stopped out. managing multiple positions takes experience and quick thinking/action.
I'm done posting for a while, I'll leave you with a couple of beauties from this morning.
short TNA
6 comments:
Don't stay away too long.
PS: You could put all your stuff into a book. But, I bet someone has already mentioned that to you.
GL with things.
Scott woke up early. Scott must've been holding overnight.
enjoy!
Again, real beauties. I am thinking super size some of these charts and frame them...
Yeah man - enjoy some time off.
Hey Scott I remember reading in one of your posts that you use manual stops. How do you manage that with multiple positions without letting things run away from you? Is there any particular reason you use manual stops? Thank you
pav- these days i mostly use auto stops although sometimes just mark my spot and do it manual. it all depends on the characteristics of the stock, how fast or slow it moves. but as i said these days it is set it and forget it until it moves my way then adjust it ever closer so that i capture profit no matter what until either I exit or get stopped out.
managing multiple positions takes experience and quick thinking/action.
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