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Strategies & Market Trends : Your Worst Trading Enemy.. You -- Ignore unavailable to you. Want to Upgrade?

To: shawnwolff who wrote (56)	1/17/2001 6:11:41 PM
From: Steve Felix	Read Replies (2) \| Respond to of 223

shawnwolff, I'll have to admit that the problem of stops on small stocks is really straining my brain at the moment. I have had some truly phenomenal returns in relatively short periods of time. Remember, I am not a daytrader. <gg> Maybe if I put the scenario down here, someone would have an idea. Only listed stocks, $2 minimum. Min. 70K average daily vol. All small stocks I play come from a scan where I feel someone is willing to "push" the stock even if it is still within the range. Charts not showing some consolidation are just discarded. It is an attempt to catch "them" trying to sneak in without pushing up the price. I try to be careful here. I have never bought within a week of a stock hitting the scan. I try to get a read first. If they go without me, so be it. Problem is that even when things are going right vol. can dry up for a little while or the market have a few bad days and I would lose the position. And don't forget that sometimes I am just plain wrong. No ta indicator that I have found has helped me. I plan to spend some serious time on last years small stock trades this weekend. I will post what I see then.This is what I feel I will see: I am net +$ because of a few big winnerand that the winners were actually smaller positions than the losers. Any suggestions will be seriously studied.