Puff Daddy's Mo' Money Mo' Problems Message Board

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Strategies & Market Trends : Puff Daddy's Mo' Money Mo' Problems

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To: Bald Man from Mars who wrote (720)	4/2/2000 4:29:00 PM
From: Paul A	of 896

Baldman- I cant agree with you more sir.. over the last 3 months I have started doing alot of 'buy stop' orders.. if XXXX breaks out above this point, I jump in.. set my stop, and typically can get out within a day or two with an easy return.. I would say 8 out of 10 trades have worked for me doing this. I think too many people go insane trying to make every trade a perfect/profitable one, and little is put behind money management skills. I learned that money management is priority one when I lost almost everything getting squeezed on my ADSP short earlier this year..

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