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Linda,
You may want to consider buying options instead of trading the underlying
commodity. This could give your system a chance to prove itself while
defining your max risk. It's not as exciting but it gets you in the game and
allows you to play longer. I also find the following motto helpful in
keeping things in perspective:
"Sometimes you eat the bear, and sometimes the bear eats you." Feel free to
substitute bull for bear as required for the current trend.
Jack
-----Original Message-----
From: Linda Swope <lswope@xxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Friday, April 02, 1999 2:23 PM
Subject: Re: was [Bull Market]
>Regarding Norm's and others' suggestion of longer terms trades:
>
>I'm coming around to that point! I sure was ready to give up the stress of
>scalping! My new system sees the trades. I believe this system will suit
>my personality. All things point to go, but I've been afraid to pull the
>trigger for one reason. I'm afraid to hold anything overnight. A stop
>won't protect me from a major move overnight against me.
>
>Help me face that fear and I'll be ready to go!
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