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Old 05-07-2010, 03:52 AM   #69
01330cifirstbmw
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Join Date: Oct 2006
Location: San Francisco
Posts: 854
My Ride: 2001 330ci
Quote:
Originally Posted by Wraisil View Post
All of my trades have entry points, exit goals and exit stops. If it is doing well I'll move up my goal and my stops. I've been stopped out of everything I had this week but all at a profit.

I use bracket orders to enter any position, it includes an entry price and once executed automatically enters a stop order to minimize losses and a limit order to sell if my target is reached. If I move my goal up I also move my stop up. I never move my stop down.
Good points... thanks
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