TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Rashid Garuba who wrote (2131)	8/5/1998 7:22:00 AM
From: TATRADER	Read Replies (1) of 59879

Rashid, rules of a trader protected us from huge losses on TRBD, and spared me of just 1/2 point...The warning was there so no one would have too have encountered that downward gap... 1)Never hold a postion overnight that is closely poorly...The day before the slaughter, TRBD closed poorly..Any trader should have been out that day... 2)Set tight stops after entry, 3 to 5% below entry point...That took me out on the prior day from TRBD at 16.50 on entry of 17.00... 3)Only hold a stock overnight that closes strongly.... Will be flying down south with family on Tuesday for 4 day vacation... Be back on Saturday...Regards, Mark

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