Monday, August 24, 2009




bot TNA BCRX WCRX





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WCRX
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2 comments:

db said...

Hi Scott,
As you enter your positions, do you have predetermined time as to when you will exit? Say between 1 minute to 5 minutes after entry. Or everything depends on the span of the momo strength just watching the move and act accordingly. Thank you.

8:02 p.m.
Scott said...

Momentum rules for me. Last fall when things were falling off the cliff, some trends were several hours long. It all depends on what the markets are doing. If I exit "too fast" it's only because I'd rather lock in continual profits rather than watching them get taken back from me as things sink back. I can always get back in later or better yet short them and make $ both ways.

10:46 p.m.

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