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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: bobby is sleepless in seattle who wrote (11999)	8/30/2000 11:38:29 AM
From: JLS	Read Replies (1) \| Respond to of 49816

You tell me, I've already played INSP badly...bought yesterday on the break over 29 1/2. Got in at 29 3/4, then didn't realize that it was testing resistance this AM and rode it all the way down and sold at the absolute low at 31 right before it started turning up. I could have held for break even, what did I have to lose at since I had already give back 2 points anyway. If anyone has any suggestions on how to avoid being shaken out, I would appreciate it. I'm trying to learn how to stay in a trade until support or trendlines, or volume or something is violated and at the same time protect profits. You can do this by scaling your posistions in, but sometimes when you only have one position you tend to get shaken around. Suggestions? Thanks, Julie