|
PureBytes Links
Trading Reference Links
|
-----Original Message-----
From: Glenn Crumpley [mailto:glenn@xxxxxxx]
Sent: Monday, April 20, 1998 5:26 PM
To: 'Blaine Mathieu'
Subject: RE: Trying to get long Sugar, but . . .
Blaine,
I appreciate your advice and I agree. As a matter of fact, in spite
of the feel-good fundamentals, my indicators told me to liquidate my Sugar
position at the open tomorrow, so I just placed that Buy order.
Just thought you might like to know.
Regards,
Glenn
-----Original Message-----
From: Blaine Mathieu [mailto:bmathieu@xxxxxxx]
Sent: Monday, April 20, 1998 3:09 PM
To: glenn@xxxxxxx; 'Omega List'
Subject: RE: Trying to get long Sugar, but . . .
Glenn,
If I can give you one piece of advice as a technical trader - ignore the
fundamentals. It always "feels great" when the so-called fundamentals are
going your way. The trick of a successful technical trader is to stay in
your position when someone tells you that the fundamentals are not going
your way.
If your system uses both fundamentals and technicals then that is fine. In
any case, being mentally prepared is the key.
Blaine Mathieu
Turning Point Trading Inc.
Alberta, Canada
> -----Original Message-----
> From: Glenn Crumpley [mailto:glenn@xxxxxxx]
> Sent: Monday, April 20, 1998 9:22 AM
> To: 'Omega List'
> Subject: RE: Trying to get long Sugar, but . . .
>
>
>
> Tim,
> Coincidentally, I entered my very first real-money trade
> recently. I sold 1
> July Sugar contract on 4/13. I was filled at 9.05 and am ahead
> about three hundred dollars. My indicators are telling me to stay in the
> trade, so I am. I didn't know anything about the
> fundamentals you posted, but they sure made me feel good. I hope
> this first
> trade is one of those good, long rides.
>
> Regards,
> Glenn
>
|