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To: Electric who wrote (8547)5/13/1998 11:25:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
<<I feel that the % of winning picks isnt important if one has a good exit, thus limiting losses and securing gains..

Some use 20-25% loss limit.. I usually wait too long..lol>>

to maintain my objectivity and emotions, i dont look at my "portfolio stats" until every quarter. i dont want to be forced/pressured to "do better".. you know? make a trade just because i want to bump up my stats..

with my 9 day ema, my losses are always 2-5% (depending on entry point).. so, no biggie.. my RECY loss was actually about $400 (11%), but it's manageable.. always keep the loss small.

never done CC's.

couple things i want to learn more:

1) fibs.. i think those are worthwhile. just knowing when the next "Barrier' is.

2) advanced GET is really on my next item to get.. looks really good.

3) money management.. it's a broad topic. not really sure what im looking for under this topic..