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To: Electric who wrote (9171)5/31/1998 2:37:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
guess what. i still have intc when i bought at 93.. didn't understand "cut your losses then", and can't stomach the huge loss to sell right now.

reviewed my trading with my parents this weekend. beating the mkt returns (18%), 40% winning trades (20 total trades, 12 losers, 8 winners)..

note: most of my losers are around the $200-$400.

it just shows how cutting losses can work.

our mutual funds are doing well too.



To: Electric who wrote (9171)5/31/1998 10:58:00 PM
From: Chris  Respond to of 42787
 
globex all red.. currently 80% cash.. (others are long term holds until breakeven ie: intc, coms, etc)