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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 (3896)	9/10/1998 8:55:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

Can't use my golf balls tomorrow. Jack is in town on my invite and I must play. However, it's nice to see you had a good day. But what you say about jumping into the fray has a lesson. Unless there is great (not good) reason to short into weakness or buy into strength one does not do it. As for someone saying that patience is important in closing out a losing position I would be wary. A losing position is a losing position. If one is patient one can lose less....one can also get creamed. Losing money is no fun. My September record is 78% winners. I have a 300 point loss average on the losers. Drives me nuts. I hate it when it's that high, but the volatile market dictates it. Still drives me nuts. However, my averages stay fairly good because I try not to sell weakness nor buy strength. I may miss major moves but I still come back to play each day, yes? Anyway, my brother and I get together rarely and tomorrow is the annual event, so I shall touch base Sunday and see how it is going, good fortune to you if you decide to trade.