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

To: SE who wrote (1630)	7/23/1998 3:58:00 PM
From: Patrick Slevin	Respond to of 44573

<Afraid of taking off the table what I put on the table earlier.> Absolutely. I was the same way. I had some killer cash register earnings yesterday and blew a fair portion of them on the last trade. One rule that works for me is to (in your case) have a target of 4. Let's say you make 5. Make it a rule that, if you insist on trading again during the week not to give back more than 1. Or something like that. You have to contour it to suit yourself. Capital Preservation rules, dude.