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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: indexit who wrote (40952)	7/20/2001 1:14:17 PM
From: Louis V. Lambrecht	Respond to of 100058

indexit - "In doubt, stay out". ROFL. Stop trading at the wrong side. I am analyzing my trades currently. Purely statistical. I trend to hold my losing ones too long. Just can't make the difference between letting a trend work out or cut my losses short. Also have to learn to let the winners go (I usually bank my profits too soon). OTOH, I am about to have a 1/1 ratio on my trades: one loss for one gain. = not losing money anymore, have to improve statistics to start gaining. <ng> Big part of the improvement was to trade less in doubtfull times and to trade more often (this still has to change) in 100% certain moves (which leads to the 1/1 ratio <g>).