Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: nsumir81 who wrote (10367)	2/14/2002 12:58:09 AM
From: J.T.	Respond to of 19219

Bad timing. Period. A fellow trader has hounded me through various vestiges to learn how to cut losses quickly and let profits run courtesy of Nicholas Darvas... The problem I run into is being in a leveraged fund, when you are on the wrong side of the trade, you are doubly wrong. And I always have this fear impediment of getting whipsawed twice by switching out. Hence this is why I am so methodical and I refuse to look at my Rydex balance on a day in day out basis. My levels will come, just not always in the immediate timeframe I always position into. Also, I do other equity and option trades that I do not post on this board. I refuse to post option trades because of liquidity or open interest issues related. Also, I can tend to strike out on options expiring worthless and I won't even flinch. This is because it is such a low capital investment controlling a great amount of leverage and the returns when I hit it right far outweigh the losses. But I do not want to get bogged down answering option questions as I want to keep my index and sentiment levels in focus and work my core Rydex accounts. Best Regards, J.T.