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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: majormember who wrote (11047)	9/8/1999 10:02:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 59879

Hi Steve, as you know I don't play options, I have to play something I fully understand, otherwise, I will go down with the ship...If one thing I can't stress enough about trading is the setting of protective stops..Did not set them in my sister-in-law's IRA, and now one of her positions is underwater, although her account is only traded about once every six months.. Here is her present IRA holdings 50% cash 1.TMAR at 6 1/2 2.BEAM at 15.37 3.TIE at 10.00(underwater catastrophe) 4.TLM at 15.00(I think this is the price, been holding this one for over a year) 5.GTE held for two+ years from 44.00.. Sold RDC,ZRAN,and a few others a while back... Take care, and keep studying...