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Strategies & Market Trends : Position Trading Forum

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To: Sandra who wrote (6628)11/11/1998 8:22:00 PM
From: the options strategist  Read Replies (1) of 7247
 
Sandra, I agree. A GOOD trader will take a tip, i.e. Newz and either ta or fa or both and make his/her own decision to buy. Once bought, a decision should be made when to sell. Not because someone else says not to sell because of mm's or whatever.

I can understand both sides here; those who are concerned because Tim did tell his thread to hold this great stock through the mm's manipulation, etc. and the fact that Tim is not responsible for anyone on the thread.

But this is a true and inexpensive lesson for all who are "upset" and hopefully you will learn from it.

That lesson is to develop your own plan which includes knowing when you will enter and when you will exit based on your own understanding of your trades and not from what someone else says.

Continued Successful Trading to you all!
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