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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: TA2K who wrote (9062)	1/3/1999 4:58:00 PM
From: Dick Brown	Read Replies (1) \| Respond to of 12039

Yes to all..You can have mental stop but make sure you execute them.. If you can't take an inevitable small loss how can you take a large one? Risk reward ratios..what will you risk to take the chance of a particular reward? If you figure 1 to 1 , it is a losers game.. Expect to be wrong and plan for it..when the market proves you are wrong, by the stock moving in a favorable direction, move your stops.. If it turns out to be a great call, add positions.. Worry about loosing money not making it..allows you to stay in the game..It ain't easy to take anothers $$.. Do I violate these rules.. Sometimes and I hate me when I do.. Dick.

To: TA2K who wrote (9062)	1/4/1999 9:54:00 AM
From: backman	Respond to of 12039

to add on to money management: don't back up the bus, and drop 20% of your portfolio into 1 stock...what do you if you're wrong...lose a high portion of your trading capital, that's what...i've read the following, which i use as guidelines: 1) dont put more than 3-5% into any one stock...keeps me in 20-33 issues 2) elder says don't allow lose of more than 2% of your trading capital on any one trade must do stop loss planning before trading, elsewise too much emotion.. david s

To: TA2K who wrote (9062)	2/12/1999 10:15:00 PM
From: Stuart T	Read Replies (1) \| Respond to of 12039

How do you go about getting out on the upside? I know how to limit my losses, where support on a stock should be and things like that. Should I have a definate profit exit before I go into a stock or should I just watch the charts? Generally, what I have been doing is a 2 prong process: use the charts to tell me we are coming down or the profit percentage is high enough that I should grab the money and run. What is a high enough percentage for me depends on how high it went over what period of time. Any sugguestions?