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Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!!

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To: Jurgen who wrote (127)12/12/1997 6:36:00 PM
From: Mike McFarland  Read Replies (2) of 1100
 
Stop losses are nice, especially when
you're in the money. I used one today,
and while I did not get stopped out
anyway, it did give me piece of mind I
needed to get emotionally detatched.

It is really nice not to have to watch
the market...place your bet and walk
away. I have also noticed, that for
me, it is very hard not be emotionally
effected by movement in the Dow. Stops
mean I dont have to watch and care--it
is out of my hands, the decision is
made.
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