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Technology Stocks : Micron Only Forum
MU 285.61+3.4%9:30 AM EST
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To: Peter Shaw who wrote (5632)12/9/1996 8:25:00 PM
From: Ramon V. Frias   of 53903
 
I donot wish to "convert" anybody, MU stock will do what it's going to regardless of what people on this thread think, but there are some people that read these postings looking for direction not debate so, here's my 2 cents.

If you speak to highly successful traders(not investors), most if not all, will tell you that protecting your downside to be able to trade another day is just as important as being on the right side of a market.

For a shorterm trader, the market is always right, losses incurred while being fundamental right and directionally wrong are just as
real as the other way around. Regardless of what the situation is, there is always the possibillity that we are wrong. Behind every trader that incurred huge losses was a person(s) that believe that they were right and the market just didn't understand or didn't have the complete picture.

Best of luck
Ray
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