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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (8167)11/9/1998 4:15:00 PM
From: Patrick Slevin  Read Replies (2) of 44573
 
<Wave 3 down>

I wouldn't know a Wave 3 from a surfboard. I wasn't a fan of wave theory in Physics so I am not going to get into it at this stage of the game.

I am going to presume my position trade is sound and forget about all this position stuff during the trading day....clear the decks after a fashion I suppose.

If it does not work then I will hold off until after I get a refresher course in Dallas later this month. Whenever I get stale one of those things always gets me back on track.

Take now for example; I thought it would be prudent to cover the long at 37 but decided not to chance it and covered at 3:59 @ 34.30; whammo, it runs to 36.50 a minute later.

I think I've become too comfortable. One really needs to have an "edge", a desire to win, else trading gets too sloppy. Perhaps I should get into a street fight or something just to hone up.

I tried to post this at 4:05; whatever the problem is with @Home, you can see it's too much to deal with.
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