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You can't make money if you're not willing to lose. It's like breathing in, but not being willing to breathe out. Various types of exits will help you do this (i.e., breathe fully), including trailing stops and the percent retracement stop.
Van K. Tharp
 
 
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Upcoming MetaStock webinars

January 09, 2010 | 12:14
Enjoy the Volatility, a Presentation of MetaSwing - (1/13/2010)
Come be one of the first traders to see first hand the power of MetaStock's exclusive new add-on MetaSwing. MetaSwing is the first add-on specifically created to use volatilty in the market place to capture profits and measure support and resistance. Come see Kirk Northington's ground breaking new work.

Low Risk Option Trades for Strong Stocks - (1/27/2010)
This class will teach simple option strategies like the buying in the money covered calls and selling covered calls. These simple option plays serve to both enhance the reward potential and minimize risk in these trades.

MetaStock Webinars - (Weekly)
If you don't own MetaStock, here's your chance to get a first-hand demonstration of MetaStock regardless of your location!

Setup, Trigger, Follow Through - (1/20/2010)
Jake Bernstein has been teaching traders for many years that traders should utilize methods that include a specific Setup, a Trigger, and a Follow Through. This helps traders enter trades that put the odds in their favor and allow them to maximize their profits in the trades they take.

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