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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: shasta23 who wrote (6544)	5/1/1998 12:44:00 PM
From: Paul Viapiano	Read Replies (1) \| Respond to of 7396

Don't get me wrong...it's good to watch and learn as well as to relate to others re: trading..... For example, none of my friends are into the market, so SI provides me with a community to share views. But, what I was saying is...we all can see support & resistance and can identify a couple of patterns. We need to learn to act out of those convictions. A lot of people can perceive opportunity but are paralyzed when it comes to acting on it. If you can act on your own convictions, it will make you a better trader. Set your mental stops for losses, and don't be afraid to take them. It's much better to take it than to endure the pain of a major loss which can affect your ability to act in the future. BTW, my previous post was not in any way an attempt to discredit Lizzard's post on this thread. I want to make that clear. Lizzard doesn't give advice, he merely objectively states what trades he enters and exits. I've learned an awful lot about trading by watching his trades carefully, reading the charts, identifying what he is looking for, etc. His contribution is invaluable here. Paul