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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Dick Brown who wrote (11183)2/1/2001 12:37:26 AM
From: bdog  Read Replies (1) | Respond to of 12039
 
Dick,

"Don't trade at all or sound Money management..This is the true Grail..Can you take a loss and move on? Will you let your trades become long term holdings because of your lack of control?."

couldn't agree more. it is the only holy grail i have found. the trouble is i don't always follow it. and then i get killed.

so i made up 3 new rules instead. maybe it will help...

1. cut losses quick.
2. cut losses quick.
3. cut losses quick.

badog



To: Dick Brown who wrote (11183)2/1/2001 11:22:13 AM
From: TechTrader42  Respond to of 12039
 
A wise note -- worth a great deal more than 2 cents.