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Strategies & Market Trends : Steve's Channelling Thread

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To: TREND1 who wrote (25361)	8/23/2001 9:28:58 PM
From: William B. Kohn	Read Replies (4) of 30051

Here is a post for those who'll listen. I don't do well in the market. I'm not Zeev. When I look back at the reasons, they are simple I sell my winner's too early, that ought not be a problem, because I'm not being a pig, and pig's never win. The problem is that I don't listen to my stop losses, and create large losses over what should have been small losses. Right now, I'm long EMLX and EMC, and NEWP all positions which I opened much, much higher than they are currently. I promise to learn from my mistakes but don't. If you see yourself in this scenario, try to learn. I get incredible information from SI, and I'm hoping to use this to point out the biggest problem I (and I believe many others have) Please learn and take your losses early rather than late. For what it's worth, I sold IDPH, today at $57.50 not a bad run in the last few days from under $50. All I need is about 20 of these transactions to make up for past mistakes. willyb kohn

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