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

To: LTK007 who wrote (1803)	7/26/1998 12:43:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 59879

max90, I thoroughly enjoy it when people disagree with me, because I am always trying to learn from others....I guess the reason for my statements is that I am now becoming a day trader, and leaving position trading behind...(should be interesting since, I will be trading only about 1 1/2 hours a day--lunch hour and 3:30-4.00 P.M...) Wife will handle first hour and 1/2...She says she does not want to be glued to the monitor all day...What a woman, and she still believes she will make her $200.00 a day in 1 1/2 hours...My point with PSIX, is that you never allow a profit to slip away from you...Trailing stops assure you of that, and allow you to have more money in the bank to go after fresh fish that are swimming, rather than treading water... Jeff Cooper says in his latest book that he only puts on 4 or 5 trades a day..He says he is right 60% of the time and wrong 40% of the time... Now Jeff trades all day, so if I put on 1 or 2 good trades a day, I will be happy....(working 1 1/2 hours)TRBDF is an open position that I will close out Monday, if it doesn't close strongly, or if my protective stop is taken out...I have this feeling that we have hit the jackpot on this one...I keep thinking it will gap again...Hope it reaches William O'Neil's holy land of $28.00 a share soon, so I can buy it when it really is a safe stock with the most potential for appreciation...(vbg)