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Monday, November 16, 2009

Buy on dips with stop-loss, let winners run

Cont'd discussion about Electronic Day Traders' Secrets: Learn From the Best of the Best DayTraders.

Tom Hendrickson Interview

Let winners run; cut your losses. Bet only a set amount on any one idea.

If a stock is in an uptrend, buy it on the bid on a price dip with a stop-loss in place and let it ride until the trend changes.

...cont'd tomorrow...

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