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Hi Pal,
Monday, January 17, 2005, 6:24:04 AM, you wrote:
>> And when we have the ability to partially liquidate a position,
>> some tests will make great sense that we simply cannot do right
>> now. I'm waiting with such anticipation.
>>
>> Yuki
PA> The only Exit strategy I would consider:
PA> The reasons I had when I entered a trade are no longer there, i.e.,
PA> the framework of evidence, collapsed.
That's a great *philosophy* of trading, but it doesn't necessarily
translate into great trading. Sometimes it works fine, but sometimes
by the time you have enough "evidence" that your "framework of
evidence" has collapsed, so has price.
Yuki
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