STOP LOSS ORDER METHODS

Written by Al Thomas


Continued from page 1
day moving average you will have to dorepparttar calculations either daily or weekly. You add uprepparttar 112188 closing prices forrepparttar 112189 past 20 days and divide by 20. This should be done once each week andrepparttar 112190 number calculated is your stop loss. Again nothing complicated. The steeperrepparttar 112191 advancerepparttar 112192 shorter should berepparttar 112193 number of days forrepparttar 112194 moving average. If you are lucky enough to have one of those skyrockets you might even be down to a 5DMA. Some traders use a 50 day MA and others even a 200-day MA. Mutual funds lend themselves torepparttar 112195 latter, Finding support and resistance points requires a more sophisticated approach. This is something you are going to have to study. There are many places onrepparttar 112196 Internet that have short explanations with examples of how to determine these points. Briefly you watch a stock, fund, ETF run up and then you see it stop and set back like a stair step. It will rest for a while with a short up and down sideways pattern that forms beforerepparttar 112197 next move higher. Your stop should now be down atrepparttar 112198 pointrepparttar 112199 recent up move started. When it advances again this current formation becomesrepparttar 112200 stop loss point. This is not mechanical and requires a more experienced trader to determine these points. Once you learn this technique you will also begin to seerepparttar 112201 orderliness ofrepparttar 112202 market. The mastery of an exit strategy with stop loss orders will immediate put you inrepparttar 112203 top 10% of all investors. Learning how to sell isrepparttar 112204 key to successful investing.

F*R*E*E investment letter www.mutualfundmagic.com Author of best seller "IF IT DOESN'T GO UP,DON'T BUY IT!" Never lose money in the market. Copyright 2004 Albert W. Thomas All rights reserved.Former 17-year exchange member, floor trader and brokerage company owner.


Beat the House with this Supa Blackjack Strategy

Written by Kent Clarke


Continued from page 1

This brings us torepparttar statistical realization that over 2 thirds of your blackjack winnings at will come from these 2 hands (Ace 10 and 10 10). Further downrepparttar 112187 chain,repparttar 112188 bulk ofrepparttar 112189 rest of your winnings will come from only 5 more hands - 11, 10 9, 10, Ace 9, and Ace 8. That's why you must burn inrepparttar 112190 strategies for these hands because they arerepparttar 112191 ones that will make you money. If we are talking multiple decks always double down on 11 ifrepparttar 112192 dealer is showing 10 or less. The general case - always double 10 ifrepparttar 112193 dealer is showing 9 or less. Always stand on hard and soft 19. Always stand on soft 18, except ifrepparttar 112194 dealer is showing a 3 through 6, where you should double down. Always hit whenrepparttar 112195 dealer is showing a 9, 10 or Ace but stand on 2, 7, and 8.

Nowrepparttar 112196 bad news -repparttar 112197 following hands are responsible forrepparttar 112198 vast majority (almost 85%!) of your losses. Beware of hard 12, 13, 14, 15, 16, and 17. The hard 12 through 16 hands are long term loseing hands whatever strategy you adopt. The overall message? Gearrepparttar 112199 basic playing strategy into your head so you can play it without thinking - know what to do whenrepparttar 112200 winning hands appear. Use money management to supplememnt this - bet more whenrepparttar 112201 deck is still heavy in tens and Aces (card counting per se is frowned on, of course, but you sould always have some grasp on what's already been played!). This isrepparttar 112202 simplest way to turnrepparttar 112203 blackjack odds in your favour, and ensure you leaverepparttar 112204 casino with more money than you went in with! Good luck!

Kent Clarke is a staff writer for www.supabets.com , the free online Betting tip site.


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