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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (11471)	5/25/2006 5:56:05 PM
From: bearshark	Read Replies (1) \| Respond to of 12410

On your Home Run thread you mentioned the trader that forgot to put a stop in a trade and ended up with huge losses. The book "The Traders" is about floor traders from the 70's and 80s. The author interviewed a bunch of the traders and they told some wild stories. You will probably be able to relate to some of their experiences. If I get time tonight, I will post a brief excerpt. I did buy the dip after the open but it took all day to play out. I didn't like what I saw today. Too much of the junk moved up too quickly. I still have the position and I am going to dump it in the early morning once I get a feel in the pre-market. Tomorrow should be comatose. It seems that my trading times are from 9:50 to 11 am Eastern and 2 to 4 pm. On occasion, I will fish in the after market.