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Strategies & Market Trends : trading the QQQ -- Ignore unavailable to you. Want to Upgrade?

To: bernard rogers who wrote (329)	2/11/2002 4:57:15 PM
From: hypostomus	Read Replies (1) \| Respond to of 714

It pleases me so to find that my hard headedness is not unique! Bad trades are my best teachers, too. Usually I get a new rule or variant from each one of them. That's very clever of you: first the test and then the lessons! I am confused, however, by your saying that you do not trade mechanically, yet you have very confining rules. The system I continue to evolve started out as a set of fuzzy logic rules (originally the logic was fuzzy, then it became fuzzy logic), and gradually solidified into a fairly rigorous flow chart which I now consider to be a mechanical system. I have to have one, because if I use any discretion at all, I run into the grand overarching rule that "I am always wrong." Any of that make sense from your experience?

To: bernard rogers who wrote (329)	2/11/2002 6:16:19 PM
From: bernard rogers	Read Replies (1) \| Respond to of 714

Trading gross profit $97. commissions $64 net day profit $33 My 1st goal is to put together 4 out of 5 positive days per week It is not how much i make that is important, but how consistent i am At the point,i feel that i am making a profit the majority of the time,. i can start trading at much higher levels So in that regard today was a success But, in the end, i gave up much of the profits, by foolishly shorting a rather strong market and letting my stop slip some This is wrong and is bad trading Trading profit $97. commissions $64 net day profit $33 Febuary 11 2002 s 400 36.17 c 36.23 -$20 S 400 36.33 c 36.28 +$20 S 400 36.26 c 36.21 +$18 S 400 36.28 c 36.16 +$46 S 400 36.16 c 36.02 +$52 S 300 36.10 c 36.08 +$6 L 400 36.09 c 36.15 $24 S 300 36.21 C 36.25 -$12 S 200 36.24 c 36.44 -$40