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Strategies & Market Trends : SOES Trading
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To: Leland Charon who wrote (1307)3/15/1998 11:02:00 AM
From: Dave O.   of 1618
 
Leland,

I took some big hits back when I first started; allowed some losses to exceed a point, and as many as 3, a number of times. Had 75% winning trades at the time but was down money. Easy to figure that those -1 pointers ate up a lot of 1/8's, 1/4's. Doing better since I now cut all losses at 1/4.

More recently I've been playing beat up stocks for a bounce and looking for possible breakouts (those basing and showing positive accumulation use some TA).

Dave
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