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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?


To: - with a K who wrote (2928)3/23/2005 6:02:00 PM
From: chowder  Respond to of 13449
 
The smart move, which you made, was to take some profits off the table as opposed to an all or nothing trade.

The condition of the market for the past 3-4 weeks has been to provide a profit and take it away. The market had been in chop.

Since we don't know what the future brings and have no control over it, we can control how we anticipate or react to it. You did a very nice job of managing risk and didn't get burned when the market turned against you.

I think you did a good job.

dabum