Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tom Trader who wrote (12252)	1/10/1999 2:01:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 44573

Tom, I have six right now...a bit more aggressive than typical, but not unusual, I like the long side of the equities right here although it may be over bought for the time being...my first three are averaged in at 42 and my second three are averaged in at about 72, my actual average is 56.83 for all six positions. If we get close to 58, I'll just blow them out, but I'd like to think that any pull back would be shallow and keep this trade in the game until mid-February. The a/d numbers turned positive, mine did anyway, I understand different sources provide different figures so the numbers vary somewhat. Later... GZ

To: Tom Trader who wrote (12252)	1/10/1999 5:39:00 PM
From: Chip McVickar	Respond to of 44573

Tom, What was the reason behind your position trades taking a severe loss of 25 points ? I can understand the day trades and false signals...? Do you allow and carry wide stops or not carry them at all ??? Controling losses appears to be the next most important factor in developing a comfortable and successful system..... After Money Management !!! Is there any factor in trading Futures where one cannot avoid such losses? Perhaps it's simply a matter of holding on to a position to long, because the systems signals are still positive..? Chip