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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (7821)	11/4/1998 11:32:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

My entry was 30.10 so I lost 2.30 as I exited at 32.40 Obviously, the 33 level was the better entry. Even so, perhaps no short entry is a good short entry today. I'm not quite sure what I shall do. It is so extended intraday that one would think it has to come back to at least 26....but the possibility is that it will just trade sideways until it gathers more strength. Tough call. I think I should have stayed in the trade but I'd prefer to lose a couple of points on a regular basis over getting crucified once in a while.