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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (250)	2/17/2000 3:43:00 PM
From: Steve Lee	Read Replies (1) \| Respond to of 30051

Don't worry bout the losses Zeev, I cut them early. I would rather risk missing out on a gain than risk taking a loss. That way you get to carry on playing! The times I don't cut early are when Ihave a relatively small position or a not-larg options position cos my trading rules allow for a certain proprtion of my options trades to go to zero, in search of the 3 baggers-plus. Take a look at GBT. A good company that is breaking out today. Possibly time to buy more.