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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: TFF who wrote (1942)12/17/1997 3:10:00 PM
From: ams  Read Replies (1) | Respond to of 12617
 
Irby,
10% is psychologically acceptable to me. So that I can enter a trade without fear that I may be ruined by one trade. A 5% or 15% maybe better for someone else, it's up to you.

1) Company related -- it's in the tape
2) Sector related -- it's in the tape
3) Industry related -- it's in the tape
4) Market related -- it's in the tape, I started shorting like crazy a few days before and into the big 500 pt day. And buying selectively the next day. Same thing in Mar-Apr correction, June-July 96 correction. It's all in the tape. Just look at it. No brainers.

>>Conclusion: Your ability to predict gaps will be effected by factors beyond your control.

Can we control anything that happens to a company or industry? Of course not. Our job as traders is to recognize a trend and be on the right side of the trade. Do you try to control a company or industry?

Good trading