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Pastimes : Georgia Bard's Corner

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To: musicguy who wrote (162)4/24/1998 7:59:00 AM
From: Charger  Read Replies (1) of 9440
 
Music - simplified: BTS = Bard's Trading System. The system is, when you hit a double sell out enough to get your capital back. Now you have free riding shares. If it doubles again, sell half again. If it doubles from that point again, sell half again, etc. Should it fall back after your first sell, or at any time, use the initial capital to buy back some more, or use your profits to buy back some more. Each time you buy back on the dips it changes your cost average. The verb "BTS'ing" means "employing the BTS method". Hope that's clear.

Charger
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