Trading account
Review stocks
Trading competitions
Learn Trading
About Shark
Daytrader bulletin



Stocks education

Investing news

Investing articles

Investing sites

Learning to invest BLOG

Forex trading ($25)

Search stock


The 5-Minute Rule

By  


The Daytrader�s Bulletin enters trades with the expectation that price will move in our direction within 8 to 10 minutes. If price doesn�t cooperate within this time period, some aspect of the trade may be wrong.

Our approach, if this occurs, is to start unwinding the trade, usually one contract at a time. If this unanticipated price behavior continues, we will also bring our protective stop closer to the current price action.

The point of this maneuvering is simple - we are protecting our capital. Our first and foremost goal is to protect our capital, period. When we are at a break-even or better position with the trade, we can begin to more actively work the trade for profits.


By Charles Holt,
Daytrader's Bulletin
http://www.daytradersbulletin.com
Real-time Trade Signals for S&P 500 & Nasdaq 100









      Stock Shark © 2011, Email: shark [@] stock-shark.net / Privacy Policy / Daytrader bulletin / And of course, once you're rich, go join our free travel network.