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Technology Stocks : Equinox Systems (EQNX)
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To: Quad Sevens who wrote (573)6/26/1998 1:50:00 AM
From: HeyRainier  Read Replies (1) of 765
 
Wade,

On the day of the Primary Trend violation, I remember clearly there was approximately a two minute time span between the time I looked at the quote (when it was in the mid 13's) and when it collapsed to 12. I had a mental stop right below 13, but did not place the stop order. That cost me, and when I saw the quote at 12, I grit my teeth and cut the position loose. That perhaps will go down as one of my greater trades.

I hold the concept of risk management as highly as I do trading for high probability profits.

Regards,

Rainier
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