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Non-Tech : Trading While We Work -- Ignore unavailable to you. Want to Upgrade?


To: Fred Davis who wrote (83)1/14/2001 10:54:36 AM
From: Paul A  Read Replies (1) | Respond to of 182
 
Fred- what I started doin a year or so ago, and its worked quite well is ive cut the size of my positions in half in order to set more liberal stops and ride the silly volatility. What ive found is not only does it allow me to set the stops at more reasonable levels, but when the winners run wether its short or long- the profits can be just as great ironically thanks to the volatility :)

ALot of people hate using stops.. I swear by it.. I dont believe the market makers reach down just to take my order (in most cases they cant even see my order depending on what broker im using). but I think the big thing to keep telling yourself with stops is that the idea is NOT to be stopped out and to set your calculated risk to the point where only in worse case scenario will that stop trigger..

hope my babbling helps..



To: Fred Davis who wrote (83)1/21/2001 11:10:48 AM
From: in_cog_nito  Read Replies (1) | Respond to of 182
 
An interesting, short term Stock Picking contest.
"Stock-Picking Challenge"
Subject 50656

I plan to enter 5 stocks in my name but was wondering if anyone would be interested in having a " Trading While We Work" Thread selection of stocks for the Stock-Picking Challenge?
We have had MANY excellent stock Gainers mentioned and talked about on this thread, therefore it should be fairly easy to come up with FIVE Hot stocks for Feb 1st - Feb 28th.

Any interest?
We could kick around some stocks before coming up with our final five picks.

Just a thought........

ICN