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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (474)8/25/2000 10:44:12 AM
From: Tom Hua  Respond to of 19633
 
Paul, congrats to anyone who was short EMLX as of yesterday. I'm putting a short order in right now. Cooked the book, another MSTR.

Regards,

Tom



To: Paul A who wrote (474)8/25/2000 11:08:18 AM
From: Tom Hua  Read Replies (1) | Respond to of 19633
 
Paul, CNBC reported the earlier EMLX news was a hoax. I cancelled my short order.

Regards,

Tom



To: Paul A who wrote (474)8/25/2000 2:18:40 PM
From: Jon Khymn  Read Replies (1) | Respond to of 19633
 
I trade in a very mechanical way..Simply, if it drops below 41? I stop out.. downside is 1 point.. upside could be 3-4 points.

Hmmmm, maybe I should try that...

So if it is 50/50 and you play 4 times a day, you lose 2 (stop out with a point), and gain 6 to 8 points.
So on the average you are ahead at least 4 points!

Would you tell me some more in detail? And this "mechanical" method's been proven profitable so far?


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