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Technology Stocks : Zitel-ZITL What's Happening
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To: Phil Tuzz who wrote (1058)11/23/1996 1:27:00 PM
From: Terry Blount   of 18263
 
You speak of playing with the "table's" money as if this is the only stock you have ever played? Have you made enough money in the market that you have taken ALL your initial investment out and are no longer playing with ANY of your own money? The point is that even if you take 50 profits and only one loss you can still go broke.... well almost broke. I do realize that (mathmatically) you could lose half your money on EVERY trade and you would NEVER go "broke"

I closed 9 straight profitable trades this week but on Friday I made 1 losing trade and the 10% loss from that trade just about put me back even.
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