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Politics : High Tolerance Plasticity
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To: Warpfactor who wrote (17952)12/3/2002 12:51:33 PM
From: augieboo  Read Replies (4) of 23153
 
Warp, a few weeks ago, I asked LG about how to figure Risk/Reward prior to a trade. (He doesn't use any mechanical set of price targets, but a more comprehensive analysis.) I saved his answers, (along with a chart he posted to illustrate it), on my "augieboo's junkpile" thread on iHub.

Anybody interested in managing Risk/Reward should take a long look. It's not simple, but LG has been at this a LONG time, and has made a BUNDLE, so it's worth studying his methods carefully, even if you don't want to or can't implement them fully yourself.

Here's the link: investorshub.com

NOTE: The chart in this post is BIG because LG uses two 19" monitors at once when looking at an individual issue. In other words, the puppy is twice as wide as a 19" monitor!
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