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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Junkyardawg who wrote (41104)	7/17/1999 6:50:00 AM
From: Paul A	Read Replies (1) \| Respond to of 122087

looks like all the momentum players took a step back on IMCL.. good! like a fool, I sold too early- and would love a chance to get back in around 24-25.. Looks like money management is something I really need to concentrate on.. Its funny how much time we spend night and day trying to time trades better and better and never realize money management is essential.. Its great when I risk 80% of my reserves on a trade and it goes my way, but man when it goes bad.. I mean REAL bad? takes away months of profits in one swoop.. and I never seem to learn from it.. and than after the huge loss comes anger, emotion, and another high risk trade and boom.. another substantial loss... I took home my small short position in CUST... This time im playing this one with a bit more of a calculated risk rather than just throwing caution to the wind.. I sold at 45 1/8, but ill stop out at 47 if she advances higher on Monday. I really cannot believe people actually invest on the long side with CUST but so far they have been the winners unless you timed it perfect..