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Saturday, January 9, 2010

target



One thing that I have not been doing very well is to identify targets.

It's not the stop loss target that I am struggling with; it's the profit target.

To prevent myself from premature profit taking, I will enter 5% trailing stop loss for every trades. Once 5% profit has been achieved, I will change to 3% trailing stop loss. I will do this for one of my account (FC).

Would you buy this stock?