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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: F Robert Simms who wrote (41019)	4/4/2000 6:05:00 PM
From: Patrick Slevin	Respond to of 44573

Well, good luck. I've found my failing primarily is judging the direction then getting blown out of it. Like today, it had to go down by most stuff I have that is Short Term. Then it bounced right off Support in the low 1490s and I exited. Ignored completely the fact that virtually all my Long Term Stuff went Short, so I missed the last 58 points of the move. I find it's tough to play it both ways (Long Term and Short Term)..........I had no problem shorting 1538 but selling the bounce off 1494 after getting stopped was anathema. Weeeeellllllllll......actually I was lazy. Anyway good luck working whatever "works" out.