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Gold/Mining/Energy : Day trading in Canada

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To: Buckey who wrote (1287)11/17/1998 11:56:00 PM
From: Kevin Hamlin  Read Replies (1) of 4467
 
<<<< Thats funny because shortly after that I got a sell signal - around .40 after it had gapped to .42 but I disobeyed because it was weak. Now at .49. - I am in the money finally after some nailbiting and not following my own stop loss rules. Two rules broken at least on that one.>>>>>

Careful John!!!! Nothing worse than breaking your rules and then winning. It makes you more brazen...and then you get set up for the sucker punch. It's not to say that any good system has some "interpretation" built into it. It's just that in my own experience, and over the long term, I've lost more money breaking my rules than I've ever made gaining. Sends a shiver up me when I hear someone do that!

DON'T get cocky!! :)) Discipline wins.

Kevin
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