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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Temple Williams who wrote (18999)5/23/1998 1:33:00 PM
From: Darth Trader  Read Replies (1) | Respond to of 94695
 
I think an 80% success rate is a phenomenal number, as I'm sure any trader would admit

I like the idea of a journal and identifying the trade before entering and presumably having an exit plan. 80% profitable trades are good, but what is the average loss?



To: Temple Williams who wrote (18999)5/24/1998 7:52:00 AM
From: William H Huebl  Respond to of 94695
 
Temple, thanks for you and the others for posting informative Web page sites... and 80%? I do have to ask over what time span.... and how recently?

You probably read my post about having both entrance and exit strategies as well as the "road-maps" others speak about... however, my roadmaps are merely trading objectives and the presumed path that will be taken.

And if ANYTHING doesn't go to plan, I bail.

Bill


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