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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: OldHack who wrote (19606)4/15/2000 10:16:00 PM
From: LTK007  Read Replies (1) | Respond to of 29382
 
i attribute my success this year to extreme caution and fear:) i made a rule,be never less than 50% cash, and constantly clean table,including losers,but it didn't go perfectly,as i did get 15% of my overall trading account value caught in the downsurge,and it will be dead money for several months i suspect--right now i have only one small bet in play on QQQ apr80puts,and will be very conservative on any re-entry buy-side.
I have watched people take wild rides up on the ARBA's and so on---but refused to chase,but always bought stocks starting to move up,and bail after a decent profit, and i also avoided buying dips--good luck---btw,sergio,who is that Max guy:)