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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: james ball who wrote (2122)11/24/1999 10:56:00 PM
From: Richard Ruscio  Respond to of 9427
 
Excellent suggestion. I don't recall exactly the drill, but isn't is something like up 30%, take out half, up 50% take out another half, sell the rest for estate taxes - sorry, kidding - sell balance on any trading sell.

I've been using 10% trailing stops, along with the general rule of playing with the house money. The 10% number is too small / large, depending. Need a better stop calc.

Thanks again. I appreciate all the support for discipline I can bring to the game.

rr