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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (11733)	3/21/2001 5:49:52 PM
From: Dick Brown	of 12039

Well I look at it this way.. Once the price is near or at a support area.. I'll buy at xyz and if my support is violated I'm selling at abc.. As with ORCL it was flurting with a support area for several days and then blew through it on negative news.. I would have been out..business as usual..for me it was worth a shot..maybe not for others.. If someone thinks that getting stopped out isn't part of the game, pick a different game.. The focus shouldn't be on trying to be right all the time .. that is impossible and leads to unrealistic expectations.. But if I say I'm willing to risk $200.00 on a trade and it doesn't go my way..that is OK.. If someone says mortgage the house and buy CSCO..that isn't OK..

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