Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 180.94

-1.5%

Dec 11 3:59 PM EST

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To: Trader J who wrote (10661)	3/6/1999 4:37:00 AM
From: Tony B	Read Replies (1) of 56535

JonK - big loss... I have some magic beans to offer... but they will cost you your last cow. smirk Seriously, tho, I think TJ is right. At least have a mental stop that you never lose. If you let the price fall/rise thru that and don't sell/buy you end up risking more than you had first intended with the trade. Then the whole risk/reward formula comes into play and you are probably looking just to get out even rather than lose money. If you knew that entering the trade, would you have entered in the first place? If you know what's happening at the time the price hits your stop, why are you still in the issue? um... That's all the advice I have cause I'm not as eloquent as TJ... Hell, I'm lucky to know how to spell eloquent... I'll be expecting my cow in the mail, if you want them beans... Good luck. llater, Tony B

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