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

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To: TATRADER who wrote (3115)9/16/1998 5:01:00 PM
From: Rashid Garuba  Read Replies (3) of 59879
 
You paper trading again Mark?? <g> Just got Pring's book. Devouring it quickly. My biggest quandry is after drawing a proper downtrendline, believing the momentum will get the stock there. As if when I am not watching, some thieves on Wall street will take my loot.

From "Market Wizards": Novices go broke taking large losses while pros go broke taking too little profit. In other words it is possible to be in all the right stocks and still go nowhere. The key is what you have and I am learning: confidence in the TA and letting the position be, stop set. What drives me in trading is knowing that with the proper skills nothing compares for potential return. Perhaps I am greedy?? Who is greedier, the trader that takes profits quickly, or the one that waits for more? remember Gekko's words.

Rashid
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