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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: If only I'd held who wrote (84269)1/3/2000 9:53:00 PM
From: darline cook  Read Replies (2) of 90042
 
Great info and so true! I am happy with a point- of course
i would take more:) if opportunity is there. From learning
the hard way i think the most important aspect good trading
is stop loss,s so you have $ to play another day. I was down
as low as 6K from 40K just 2 weeks ago and slowly surely each day have worked myself back to 12K. Still have along way to go But have confidence i will get there. most of my loss,s were incurred from following Hype on momo threads
where i no longer post. I guess i had to learn the hard way!
You can have 2 trades for a point with 100 shares=200$ or one trade for a point with 200 shares+ 200$, it adds up. The
key is minimising loss,s cuz if you lose 4 points on 100 shares that = minus 400$.......Ouch I stop out at 50 cnet s
to 14 and buy back if chart looks good again later
Darline
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