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To: Dale Baker who wrote (4566)4/20/1999 8:21:00 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
EGRP trading higher in pre-market but I haven't heard any numbers yet.

This is the situation we try to avoid here through diverisifcation and cash management:

To: TATRADER (8215 )
From: Where'd He Go? ( Ignore ) Tuesday, Apr 20 1999 6:14AM ET
Reply # of 8230

Hi Mark, I'm honored to be one of the regulars. Today was a very ugly day :( I'll share my mistakes so everyone can learn via osmosis and not first hand...and may b I'll learn this time :)...the last couple days I lost around 50% of my portfolio(the 3rd time this year...each time I lost a lot of profits...>50%...in a short period of time)...(@ least it was only part of my profits for the year...sheesh) by breaking the rules...not letting a profit turn into a loss, not cutting your losses using stop loss, making your game plan & following it, doing your homework (completely) each night on your open positions, not paying attention to your open volatile positions, etc. It always seems to happen right after a hot streak. Tomorrow b4 and after class/lab I'm going to have to do some serious damage control...maybe the inutz will bounce big to make my job easier :)