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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 (2131)8/4/1998 5:00:00 PM
From: majormember  Read Replies (1) | Respond to of 59879
 
Rashid,

Before you write off otc-bb stocks, you could have done well
in FNTN today. Reminds me of another bb stock PNLK, which I
had from 1.20 and sold at 5.25 in 2 days......Regards, Skane



To: Rashid Garuba who wrote (2131)8/5/1998 7:22:00 AM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
Rashid, rules of a trader protected us from huge losses on TRBD, and spared me of just 1/2 point...The warning was there so no one would have too have encountered that downward gap...
1)Never hold a postion overnight that is closely poorly...The day before the slaughter, TRBD closed poorly..Any trader should have been out that day...
2)Set tight stops after entry, 3 to 5% below entry point...That took me out on the prior day from TRBD at 16.50 on entry of 17.00...
3)Only hold a stock overnight that closes strongly....

Will be flying down south with family on Tuesday for 4 day vacation...
Be back on Saturday...Regards, Mark