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Monday, November 09, 2009

Focus, then take and protect profits

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

Marc Sperling Interview

Focus on just a few stocks, the most active ones of the day.

Consistently take profits when you have them, and don’t let losers go against you by much. When you have a profits part way through a day, don’t give back more than 20% of those profits.

...cont'd tomorrow...

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