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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (454)	5/20/1998 5:28:00 PM
From: shasta23	Respond to of 59879

HI MARK! Didn't want to reveal any secrets and just mentioned WAVX for the sake of a practical example. But your explanation helps. At first i had the impression that 3% seems very tight but i guess that is due to my horrible timing. On the other hand with such a tight stop you probably need to be right only 3 out of 10 times to make a profit. Looks like my stops are to far away and it shows in my lack of profits since all the 15-25% gains are eaten up by my stops around 10-15%. I really have to improve in this area drastically!! Thanks for explaining... Stefan