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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (24518)8/17/2001 3:31:15 PM
From: GTC Trader  Respond to of 30051
 
<< TARO strategy >>

Since I was away from the market, I got a good entry (36.35), but missed the exit above 40. I tried to get 38 on Wednesday and just missed that. Yesterday, I tried for 37 and just missed that. Today out at 36.40 and happy to have my shirt on as I am exiting the building!

Greed and stupidity are a costly combination. I should have taken my small profit and been out instead of trying to get just a little more. As a result, I left even more money on the table and risked having a nice short-term gain turn into a loss. Oh, well, one of my less expensive lessons!

Thanks again, Zeev.

Best regards - gtc

In edit - Rolled half of Taro proceeds into F short. Small position, just in case ...