Susan, I am confused.

    Assuming a long set-up, if the second entry is lower than the first entry, how can you take a "small profit" on the first trade if price is now lower?

    Or have I missed something? Wouldn't be the first time...

    to clarify

    Posted by sschulman on 5th of May 2011 at 06:46 pm

    Sorry Philosoraptor I wasn't clear.

    I meant, suppose after the first trade, the market temporarilygoes up. Anyhow, turns out it's not such a good idea. I was just looking for an excuse to satisfy my emotional impulse to grab a little money and run.

    .....Susan

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