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Strategies & Market Trends : Book: Hit And Run Trading by Jeff Cooper -- Ignore unavailable to you. Want to Upgrade?

To: larm who wrote (404)	8/9/1998 12:32:00 PM
From: Nazbuster	Respond to of 438

larm, Thanks for the offer to help. I'm sure I'll need it! I'm just starting the book and it's an easy read, both in style and size! (Expensive, page for page!) I very much like the method because it is clearly measurable. I can always test variations, but it's better than trying to tell if a pattern is truly a "double top" or the beginning of a "head and shoulders" or something else. I find the TA info very helpful to confirm situations (even if it says that there is no clear reading at the time), but I've been looking for something more concrete and this seems to have promise. I trade for a living I have been doing this for approx 10 yrs I have taken my lumps the first couple of years. Any guidelines/advice for a newcomer? I'm clear that taking losses quickly is definitely in the plan, but how about some insight for how tightly to set stops for both entry and exits? Do you trade NASDAQ or all exchanges? Do you use REAL stops or mental stops? What software do you use for your real-time viewing? Overnight analysis? Do you mind these pesty questions? Hows the weather?