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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: baggo who wrote (20364)	2/12/2000 9:15:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Brice, thanks for your excellent work on revealing some truths on LPTHA. In response to your argument over whether or not to trade LPTHA. . .you must have missed reading "partial position" on Yahoo. I would not ever say to sell out. But if you look at the HOME thread header for the link on "Hybrid Trading", you will see that this is a method of making extra gains, by trading partial positions. If you were to want 10k shares, then you buy your 10k core and put it away. . . then at some point, you swing or position trade say an additional 5k. . .buying lows and selling highs. . . This method helps to add liquidity, as I talked about on Yahoo. It offers a way to dilute shorts winnings. It counters short-attacks. It raises additional gains which can be used to buy more shares in your core position. And if nothing else, it occupies your time, so that you are not so concerned with your core position during wild swings up and down. You trade in and out of that 5k position, all the while holding firmly to your other 10k position. You never stop being a long investor. . .but in a way, you are also a market maker. . . as you trade against the flow. The one thing you NEVER want to do, however. . . is to make a bad trade, then justify why your trading position should become a long-term core position. . . Never change strategies within a position. Finish the trade as you planned. Re-evaluate, then start over with your new plan. As for the merits of LPTHA, you are preaching to the choir. I like it, and fully agree with you. But there is no reason not to make some side money by swing trading the volatility. . . . This is a long-standing trading method, which I have promoted since the beginning here.. . and applies to all stocks. Best wishes. . .and keep up the great research work on Optical stocks . . .it is greatly appreciated by us all. Rande Is