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Strategies & Market Trends : NetCurrents NTCS

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To: Roger Schelling who wrote (5361)1/14/2001 12:20:39 PM
From: Roger Schelling  Read Replies (1) of 8925
 
Jill:
More about that uncertainty of giving up the old method.
It's not easy to take that leap of faith to a new method.
But here's something I did, I PM'd someone about it the other day, I can't remember who.
I shorted 50 shares of a stock at the exact point the Dunnigan bar method described. Well I was stopped out.
Tried it again later and it worked for a 1 1/2.
One could argue that trading 50 shares will not even pay the commissions. Well true. But so I paid the commissions and the stop loss on the first one, and just covered commissions on the second one.
SMALL PRICE TO PAY! For replacing fear/greed/panic/ etc. with some understanding huh?
I think so.

Edit. These folks are not just trying to sell us a daily bag of goods. They really have some goods stuff to share. Try a very small trade or two BY THE RULES, in the direction of the market!,
Meanwhile having a blast doing it! What a combo!

Roger
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