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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: TradeOfTheDay who wrote (5962)1/24/1999 10:39:00 AM
From: ztect  Read Replies (1) | Respond to of 122087
 
Lost $20,000 MORE profits...above the $$$$$$ profits already made..

Geeze if losing is this profitable....Wish I lost more often...

500% to 600% gains instead of 650% gains...

Think I can still live with myself.....

z



To: TradeOfTheDay who wrote (5962)1/24/1999 10:40:00 AM
From: jjs_ynot  Read Replies (1) | Respond to of 122087
 
A good trader is one who has developed the skills or system that allows him to limit his/her losses or in some other way make sure that the winners exceed the losers at the end of the day. I know several people on SI who play every signal of their system. The number of wins and losses are about the same but the winners statistically are about 3 times larger than the losers.

Losses are a fact of life in trading. To stay in the game, a disciplined way to limit the losses is the key. Anyone who doesn't/hasn't won't be around very long.