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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Gary E who wrote (16504)2/24/1999 1:18:00 PM
From: Patrick Slevin  Read Replies (1) of 44573
 
Not Dead. Dead is when you get whacked for a Large Percentage Loss, or to be blunt, out of the Game ....Permanently.

Dead is, well, Dead.

I prefer the Elephants, myself. The motion of the market during the prior half hour suggested a bust out. It was dragging on too long for me, however. I had been Long for two hours and I sensed the Sell had to be on time or not at all. So I slammed in a Stop which I was pretty certain had zero chance of survival.

It did not.

Now the choice is to go play cards or wait for the last two trades.

Good Luck if you get your Long trade.
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