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

To: Michael Watkins who wrote (9860)	3/15/1999 10:06:00 PM
From: Richard Estes	Respond to of 12039

I have fell into "I want to be right" but it takes the form "this stock owes me my loss and I want it back". Best thing to do is take it off watchlist. Your money is tied up waiting for the move that is not there. A good service like Quote.com gives an insight into bid/ask or time and sales. An important measure is rate of trades especially when rate increases at key indicator signals. I have focused more on buying at bid with good success, the stocks I trade seem to match a sell with a buy often. I never use a market order, all limit orders. I win big and can lose big. But I try to keep emotions even. There will always be a market and stocks going up or down.