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Strategies & Market Trends : Strictly: Drilling II

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To: Cogito Ergo Sum who wrote (5305)12/13/2001 2:25:18 PM
From: kirby49  Read Replies (1) of 36161
 
Hi Guys:

You still talking about Frank's Go hard or go home quote? When I read that a couple of hours ago it struck me that I had never thought of that quote in financial terms. A bunch of my friends through Scouting and University use the expression anything worth doing is worth doing to excess.

15% too high? 5% too low.

10% just right!<LOL>. 10%stops, 1% losses, I have to keep it simple cause I've been told I can't even do simple math.

I guess it's just a threshold thing where at 5%, 20 open positions would be just too many for me. I prefer Gerald Loeb's approach. When you're in the market, you're in to speculate, not to invest, and you put everything in your nest into a few eggs and watch them like a hawk!

Regards

Bob
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