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Strategies & Market Trends : Book: Hit And Run Trading by Jeff Cooper -- Ignore unavailable to you. Want to Upgrade?

To: Deep Margin who wrote (323)	5/23/1998 2:29:00 PM
From: David Meyer	Read Replies (1) \| Respond to of 438

When was it that you were doing the paper trading. The last week? What dates? If it opens higher, I normally won't buy it unless it comes back to my entry price. Don't chase it. Don't think you should sell at EOD, at stop, or break-even. You want to sell when you have a profit. <gg> What I have been doing is using a 1/4 point trailing stop. i.e. if up 3/4 pt and drops back to +1/2 pt. I get out. This past week has been tough market. IMO on all of his Hit & Run ideas, you must daytrade. I have Super Charts. I think I can back test with Super Charts but haven't bothered. If you buy Super Charts from Omega, they will allow 80% trade in toward Trade Station. I would not start out with trade station due to cost of T.S. + cost of data feed. Check out info at their Web site omegaresearch.com If you get Super Charts, they push Dial Data for feed. There is a lot of bad talk about Dial Data on the S.I., however, they recently updated their equipment and I have found service to be excellent. Regards, Before buying Super Charts etc., you might want to check out other ideas. Take a look at MB Trading. Here is the URL for the S.I. thread: Subject 19037 Another good S.I. site is Trading for a Living at Subject 21097 and be sure to read and follow posts 192 and 193 That will keep you busy for a few years. <gg>