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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: High Country Trader who wrote (9688)12/31/2001 10:11:52 AM
From: Zack P  Read Replies (5) of 19219
 
Cut your losses and let your winners run. Ah. so simple…so true....but you know I‘ve never understood the reasoning behind it.

Why is it more valid then using a betting system in roulette?.

It is not like saying that the market cares about your entry price?

Given the universal acceptance of this trading axiom, I am sure no one will agree with me. Who wants to be the first to straighten my crooked thinking out by answering my questions?
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