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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jon Tara who wrote (48615)4/29/2000 1:11:00 AM
From: Michael Watkins  Read Replies (1) | Respond to of 99985
 
I am short QQQ. Last 10 minutes was a deer-in-headlight

Jon - ugh, I know what that feels like! :( Been there, done that.

Don't pull a Soros, set stop losses and stick to your guns. Better to take 12 small losses, 3 small gains and 2 big gains than to sit and watch your trading capital go bye bye. You don't have to make every trade work in order to make money.

Oops, hope I don't sound preachy here... well intended I am however.

:)

Hae a nice weekend,
mw