SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (9382)6/4/2000 10:14:00 PM
From: Chip McVickar  Respond to of 11513
 
It seems to be a very natural inclination of reward.

We like the feel of Big Win Numbers....!

But as you said the losses seem to slam harder with large numbers of contracts. I believe you must trade higher then 51% to remain interested over an extended period.

Another adage would be...."let your winners run and cut the losses short."
And develope a trading style to reflect that requirement. Even in the 3 min charts the markets seem to trend only about 25% of the time....the rest is churning.

See you tomorrow...!

Chip



To: Gersh Avery who wrote (9382)6/5/2000 1:27:00 PM
From: Gersh Avery  Respond to of 11513
 
sell 10 market filled at 1477.75 now short 35



To: Gersh Avery who wrote (9382)6/5/2000 1:29:00 PM
From: Gersh Avery  Respond to of 11513
 
limit sell 10 more at 1482.5



To: Gersh Avery who wrote (9382)6/5/2000 1:59:00 PM
From: Gersh Avery  Respond to of 11513
 
buy 10 limit 1470 limit filled now short 25



To: Gersh Avery who wrote (9382)6/5/2000 2:30:00 PM
From: Gersh Avery  Respond to of 11513
 
sell 10 market filled 1472.5 now short 35



To: Gersh Avery who wrote (9382)6/5/2000 2:56:00 PM
From: Gersh Avery  Respond to of 11513
 
sell 10 more market filled at 1473.75 now short 45



To: Gersh Avery who wrote (9382)6/5/2000 3:11:00 PM
From: Gersh Avery  Respond to of 11513
 
buy 10 limit 1470



To: Gersh Avery who wrote (9382)6/5/2000 3:29:00 PM
From: Gersh Avery  Respond to of 11513
 
existing limit buy of 10 at 1470 filled now short 35



To: Gersh Avery who wrote (9382)6/5/2000 3:30:00 PM
From: Gersh Avery  Respond to of 11513
 
buy another 10 limit 1465



To: Gersh Avery who wrote (9382)6/5/2000 3:45:00 PM
From: Gersh Avery  Respond to of 11513
 
sell 10 limit 1475 limit filled now short 45



To: Gersh Avery who wrote (9382)6/5/2000 4:04:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 11513
 
sell another 10 limit 1376 limit hit now short 55



To: Gersh Avery who wrote (9382)6/5/2000 4:06:00 PM
From: Gersh Avery  Respond to of 11513
 
limit buy 10 at 1474 this one filled now short 45
limit buy 10 at 1472 this one filled now short 35
limit buy 10 at 1471 this one filled now short 25



To: Gersh Avery who wrote (9382)6/5/2000 4:07:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 11513
 
MOC order:
sell enough contracts to be short 25 for overnight
prior limit buys took care of this already short 25 before the close