Trade What You See, Not What You Think Message Board

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Strategies & Market Trends : Trade What You See, Not What You Think

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To: TraderAlan who wrote (145)	11/4/2000 2:25:20 PM
From: LemonFlavor	Read Replies (1) of 867

But there absolutely no reason for us not to trade these ranges. I agree. What I was referring to was taking a trade with no real setup. A couple stocks I paper traded were in the middle of a range and weren't moving much at all. I was guessing/hoping they would go down. They both went up just enough to stop me out. I was looking for action where there wasn't any. The stocks that were moving and had good short setups were my successful paper trades. I need to just stick to those trades and let myself be bored the rest of the day and exercise self control in not trading as much on a day like that. One interesting thing I noticed is that if I wouldn't have taken those bad trades, I would have been 100% that day and made (on paper) as much as I would on an average day when there is more movement. I believe your style is much different than Vadym's, Chris's and what I'm developing paper trading so there will be many disagreements and I'll not let your opinions confuse me. :) (Half joking there.) At the same time I will continue to learn a lot from you as I have in the past.

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