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Strategies & Market Trends : LastShadow's Position Trading

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To: Jay Lyons who wrote (938)	10/6/1998 3:05:00 PM
From: LastShadow	Read Replies (1) of 43080

David J and LCOS Entered LCOS (again) at 30.25 because I wasn't paying attention David, once you set the trigger, let it go off by itself. A Gap is a significant event in a stock's chart pattern. If the trigger doesn't fill by some comfortable time, say 1:30 or so, then remove it. If you are going to play a Gap like a daytrade, then do this - once the second gap down takes place intraday, just short it at market and ride it down until it turns. Set the protective stops so that you take no less loss than the difference between the open and the gap down point. David C - I would consider exiting NEM if it doesn't go above 28 in the next 30 minutes. Online Investor (not online Trading) had a really informative article about using neural nets. Of course I say that because I was mentioned several times, but in seriousness, they did a good job despite what madness I waxed poetic on. lastshadow

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