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To: JRI who wrote (38742)5/10/2002 11:09:25 AM
From: AllansAlias  Respond to of 209892
 
Well, sounds to me like the entry was the problem. It put too much pressure on the trade to be a winner right away.

Also, you are trading after being up all night and feeling pressed to go off and do other tasks. That's never a winning mindset.

Hey, at least you have rules you stand by.

Someday, when we have a week, we can talk about my trading faults.

Have a good one. Allan

(I should add, for those who were not around when we used to trade the wiggles all the time, that the middle-biter strategy is based primarily on applying Elliott.)



To: JRI who wrote (38742)5/10/2002 11:13:25 AM
From: Paul Shread  Read Replies (2) | Respond to of 209892
 
Max Pain is at 32 on the QQQ; that seems to work more often than not, meaning that we should hit that level sometime next week.

I could almost hear Dick Arms salivating if the TRINQ spent another day at the 2.50 level, so I added a QLGC long this morning.

Knock on wood. -g-


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