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What is your TP and SL? What's your win ratio?
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[QUOTE]Originally posted by PCola77: [QB] What was happening to me is I could not figure out when to sell. I would see a 15% gain, but then hold too long and end up selling for a loss. I was trying to get more of the upper end at first, and I'd see one go up 10%, then back to breakeven, then run up 50%, so I tried to figure out a way to hold through that initial drop back to even, but could never seem to get it right. Another thing is that with this method I can just buy and then immediately put in my sell order and not look at it again for a week. Since I can't actively trade during the work day, that is a big selling point for me. trading based on charts, etc, requires watching closely, which I just can't do. I can't remember if I tested what you mentioned, as far as how many drop 5% then rebound to gain 5%, but I kinda think I did test it, and yeah, you made more if you held through the initial drop. I'll try to test it again one of these days and save it somewhere this time :) [/QB][/QUOTE]
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