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Shortime · Tue, 11-14-2006, 01:35 PM

I believe the 10-3 rule is sell at 10% gain or 3% loss...

In my case I play a 10% + stop loss and 4 % loss, then sell. This means if the stock drops 4% below my cost I am out of it. The 10% stop loss means that I have a trailing stop for when the stock raises above 10% of the cost (10% gain), I then put a stop loss, if I feel there is more upward growth to happen, otherwise I am out at 10%.

Was a rule given to play and live by to ensure growth and not losses.

Shortime

Tue, 11-14-2006, 01:35 PM	#29 (permalink)
Shortime Profit Taker 28% YTD Join Date: Jul 2006 Location: Wine Country 0ntario Posts: 7	10-3 Rule I believe the 10-3 rule is sell at 10% gain or 3% loss... In my case I play a 10% + stop loss and 4 % loss, then sell. This means if the stock drops 4% below my cost I am out of it. The 10% stop loss means that I have a trailing stop for when the stock raises above 10% of the cost (10% gain), I then put a stop loss, if I feel there is more upward growth to happen, otherwise I am out at 10%. Was a rule given to play and live by to ensure growth and not losses. Shortime