MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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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 3:17:52 PM
From: J.T.	Read Replies (1) of 19219

Violating the most basic principle of successful trading is failing to immediately cut losses. I've heard it said that a good trader who cuts his losses and lets his profits run could use darts for his entries. Very true. I have twice let significant gains get shaved in Dynamic Series this year and I will aggressively attempt to minimize this mistake in 2002. In spite of my shortcomings, I will finish the year up nicely in Regular Series where I do very well trading off the XAU. If I sold today in Dynamic Series I would be down a small amount. My one year in Dynamic Series doesn't end til the first quarter of this year. P.S... I will get back to you on that email in the next day or so. Best to you in 2002. Best Regards, J.T.

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