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Strategies & Market Trends : Technical Analysis - Beginners
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To: Ronald P. Margraf Sr. who wrote (11659)3/9/2001 2:30:15 PM
From: Dick Brown  Read Replies (1) of 12039
 
Well I can't buy this..
"Myself, I would rather loose 700.00 then loose 5000.00.;-))))) Doesn't take a Harvard education to figure that out.;-))))))))"

All traders should have their 'uncle point' determined before initiating a trade..
If 5000 is 2% or less of their total equity that is an OK number..If 700 is more than 2% of a traders total equity that is poor mm..If you followed your stops this market hasn't hurt too much..It is always about capital preservation..FIRST..
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