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To: Don Green who wrote (1385)12/3/1997 11:03:00 PM
From: TFF  Respond to of 12617
 
You've got it Don!..I'd rather dump my position capital into nice safe secure Value funds run by the gods ( a.k.a. David Dreman, Mobius, etc..)

I think predicting stock directions is like predicting the weather....sure you know it's gonna be cloudy 10 minutes from now...but tommorrow????.....faggetaboutit!!!!!



To: Don Green who wrote (1385)12/3/1997 11:25:00 PM
From: dunlurkin  Read Replies (2) | Respond to of 12617
 
Both of you guys:

How do you manage risk? Do you risk a certain percentage of your total equity on a given trade? (say 1 or 2 %). Do you use a point beyond support or resistance? Do you make a gut decision that you're wrong?
Do you get out immediately or wait for a bit of a reaction to get out at a better price (problem with this technique, is it gives you hope and then you stay a while longer.)

Just curious.

Thanks.


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