Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (747)	8/25/1997 10:52:00 PM
From: NhotH20	of 7396

Mark,re FRTE generally i look for a 2 day close over resistance(14 here) for a true breakout. At this point i believe i have a 2 -1 reward risk ratio...in other words i'm willing to risk 1/2 point to make 1 or more. If it fails to hold 14 tomorrow on close i'm out. My biggest mistakes in this market, like many others, have been selling too soon. BTW in case your wondering Nhoth20 = in hot water

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