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Microcap & Penny Stocks : NAUGHTY NOTES-SHORT TERM STOCK TRADING IDEAS -- Ignore unavailable to you. Want to Upgrade?

To: NAUGHTY NOTES who wrote (602)	6/29/1999 1:56:00 AM
From: Hart	Read Replies (1) \| Respond to of 751

that sounds sensible. Can I ask if you still consider RUXR a winner? or, loser?.. I have been in/out of this twice but price is getting right i think. Hart

To: NAUGHTY NOTES who wrote (602)	6/29/1999 3:20:00 AM
From: Jim Bishop	Respond to of 751

<whack out my losers and average up on my winners> NN, just caught that post. My buddybillythebroker would always tell me, every time I tried to average down, "you don't average down, you only average UP!" Lots of traders like to say, paper trade until you can average 6-7 out of 10 winners. But I like that guy that said, something like... You can lose 9 out of 10 times and still be a winner, as long as you cut your losses, and that one winner out performs the losses, or something like that - you get the gist I'm sure.