SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TATRADER who wrote (3611)10/6/1998 4:37:00 PM
From: dealmakr   Read Replies (1) of 59879
 
Mark,

I do set some stops after purchase, especially on Tech plays and option trades. I will be playing closer attention to setting more protective stops in the sector. My percentage of winning trades is very high, but you are absolutly correct that a few big losses takes a lot of hitting singles and doubles to overcome. GLM to me is very fundamentaly undervalued, but the trend is your freind and don't fight the tape are rules to follow. ESV I will hold the position Bot @ 11 1/8 as that is to me well worth the risk and will trade around it. In daytrading you have to follow these guidelines and rules that you outlines to protect yourself and your bankroll. In the traders war when things go bad you can say, I have met the enemy and it is me. I know that I will lose some battles, but am trying to win the war. The oil services sector to me is my primary battlefield now and I do a lot of research on what goes on in the patch. There are other things that effect the stock prices other than watching the tape. I am hoping to raise my grades and improve my trades with all of the great info that you and everyone on this thread contributes. There are always tomorrows and opportunities if you can play the great game by following some of the great insights that are posted here by yourself and the gang. I don't think that I will take a loss again like the one that I have just taken on GLM if the opportunity comes to get out with more protective stops. Back to the batters cage.

Good Trading

Dave
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext