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in regards to frank...
Every trader must take responsibility for his own trading decisions..I would like to apologize for indiretly attacking frank on this thread...His picks AZTC and PCTL were good picks..They were money makers... However, the emotional side of me, thought I should just close my eyes and hold them long-term, since they had great potential.. It was my responsibility for not setting a protective stop...It was my responsibility for breaking the trading rules and buying a loser,AZTC, on the way down... It is amazing how we know the rules, and yet we break them...
I plan to continue playing popper bounces(short or long),(always with trailing stops when move begins, even if they don't hit my target..Example PGNX.... And I will play gold...Right now gold is in a trading range, so I will not commit wholeheartedly yet to it...I am long over the weekend in AEM at 5 3/8... Still looking for my NASDAQ targets I submitted long ago on this thread of 2900 and then 2600....DOW 9200 and 8500, not far away either..... Have a good weekend everyone, and frank, if you read this, please return from gym to this thread... Regards, Mark |
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