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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Rashid Garuba who wrote (1787)7/25/1998 12:14:00 AM
From: shasta23  Read Replies (2) | Respond to of 59879
 
Hi RASHID!

NO FEAR like Mark has that the info on stops will be used? I don't know how big Mark trades but i always have the feeling that my 200-1000 shares are not sufficient bait. BTW 15% is incredible and i say that not to make you feel bad but to emphasize how much potential you must have when you get a good grip on risk control. I'm still miles away from these dimensions and only outgrow slowly fundamental mistakes like trying to enter stocks that "look" cheaper when they are on a pullback only to realize later that a downtrend has started. In that sense the TRBDF trade was excellent learning material since i had always problems to buy breaks.But the use of stops in this kind of situation helps to take fear away. Just my exit miserable. And of course i don't have the pinpointed entry points like Mark. Still sloppy at beginning and end which makes my stops more like 5-6% since i rarely find the entries. Feels good to hit it when it happens but often i underestimate the downside potential on a retreat.Retreats to trend lines was my main thingy(straight or curvelinear=MA's) which i picked up from Lizzardking who unfortunately is absent most of time now from his Trading swamp thread where i first read posts from Mark. He had perfect feel for these retreats...awesome trader...just like Mark and you...all with such different approaches.
This was a tiring week since i also work job and try to learn more about trading which mostly means cutting back on sleep. So now two good nights sleep,swimming and mountain biking and back into battle next week! It always gives me a good feel to imagine that on friday all clocks are set back to zero which eliminates bad feelings about losses last weeks and cockiness if things were running to good. That's what i will practise. Have a nice weekend!

Stefan

P.S.Just curious. I'm now finishing my first year of TA software but still feel i have so much to learn. Don't even mention FA. Just wondering if it's normal to take a couple of years until you get more successful. How long did it take you? Send private message if you don't want to embarrass me with the news that you just started in feburary...