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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Electric who wrote (8338)5/8/1998 5:06:00 PM
From: Chris   of 42787
 
my portfolio is now long term: pfe, and msft.. lu bounced off 21 day ema today.. good sign.

theoritically, if i sold yesterday, i would have been selling at the bottom..

lesson: sell when your exit is signaled. the longer you wait after your ideal exit, you are cornering yourself and shutting yourself out of trading options. as the losses increase, you worry about "am i selling at the bottom?", "geesh, im losing a lot more money now".

you can avoid all this by selling at your ideal exit.. that is what an exit is for.. the problem with my recent episode is the "interference" from outside factors that wanted a long-term approach.
costly mistake imo.

great stuff on TSO stuff. enjoyed it alot.

have a good weekend.
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