When to close a trade PDF Print E-mail
Written by Gary B. Smith   
Thursday, 25 March 2010 15:39

Reader Anthony asks:

Gary,

I am a member, and have just one question. With your daily picks, for example yesterday's WYNN trade. I know the picks are trade at your own discretion, but are they suppose to be closed at the end of the day, or if you get stopped at 4%? Thanks for the input.

 

Anthony, I think it's always best to set a stop and target as soon as you're filled. Then make those orders "GTC" and do nothing more than wait!