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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (1356)	7/8/1998 11:48:00 AM
From: Nemer	Read Replies (1) \| Respond to of 44573

------->It would probably seem demoralizing to know I was ahead on Tuesday and now have to go into Friday short of my goal. hmmmmm I'll have to cogitate on that one and see if I can apply it for my personal usage. Off hand, it seems good. My current goals are only set daily (interday trading) and I reset the slate on that type of basis....... no weekly goals ...... I've noticed that you stop interdaily upon 2 losing trades ...... mine is 3 ..... I've gotten into so many discussions about the predetermined profit setting the quit level that I normally won't comment ..... ggggg MY auld dad pounded into my head ....1) get out of losses ....2) let profits run ....3) preserve capital and live to fight another day ....