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“It is also possible that a pattern implying a reversal of trend could develop prior to the attainment of an expected target. I may elect to move my protective stop in relationship to a pattern that carries trend implications counter to my position.”

Peter L. Brandt, Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading
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Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading by Peter L. Brandt
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