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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (5312)	9/23/2000 5:52:01 PM
From: Susan Saline	Read Replies (1) \| Respond to of 11568

dang my apologies to Paul, my "Oil Guru" I like the way Dan "articulates" the book-keeping, and would miss that and as far as win/loss ratio don't feel bad, I'm right behind you but portfolio is in much worse shape, still If one/trader cannot overcome holding losers too long, one cannot survive at trading. It is as simple as that No matter how good the entries .... on many stocks It takes ONLY one BAD hold/one to kill months of work I see that on SI, or mebbee they leave cause they get so rich. I would hope

To: Larry S. who wrote (5312)	9/24/2000 9:02:58 AM
From: Ron McKinnon	Respond to of 11568

Larry have no fear, no way will I take over the bookeeping from Dan the way he presents the data is super, I would have no clue how to do the Excel macros to get what he does may be bagging the tuna hunt planned for the next few days we were thinking about making the "100 mile" run to where the fish are but with a Nor'Easter forecast (read: mini perfect storm)there is no way my old bones can deal with that Sue >>>If one/trader cannot overcome holding losers too long, one cannot survive at trading. It is as simple as that if there is one thing we have learned in our four years here on SI it is that I've done that three times over the years once about 5 or 6 years ago that took me almost a year to recover from then two other lesser hits like I have said a hundred times, it's real easy to make money trading; keeping it is the real challenge unless the financial world comes to an end I will never (I hope) take a big hit again I just do not take such huge bets that that will happen of course I will not make any monster gains either but if I have learned a single thing since my first trade in 1969 it is that consistent small profits add up PS (edit) it just hit me that my 1969 trade was to buy some MCD and I just bought some pre market on Friday at 27 the oldest quote I can get is the 7/31/75 low of 50 cents might have been a decent hold interesting to contemplate that