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Re: Stops



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Stewart Taylor wrote:

> Bill Wrote:
>
> >It is when I hear people talking about 'hope', I wonder how they trade.
> If>stops are there to stop you 'hoping' when the market moves against you,
> it>is not stops you want to worry about - it is whether or not you ought to be
> >trading!

> Stewart Taylor wrote:

> Exactly what do you mean by this?  I think I made it clear in my post that
> the proper use of stops kept me from situations that reduce me to hoping a
> trade works out. Because I use stops I shouldn't be trading? Bill you are
> patronizing and arrogant and frankly your style and attitude piss me off.
>
> Folks, I would be very careful of this guys rap.  You just might find
> yourself behind the 8 ball in a big way.
>
> Stewart.

Greetings Traders:

I guess, according to you (Bill), that I should be stop trading as
well?... Since
I use stops ALL the time BEFORE consideration of a market entry.  I used
to Hope,
Fear, and Greed when I first started trading the markets.  Not anymore
because I
learned to be patient, to be objective and to be TOTALLY receptive to
what the
market(s) is trying to 'tell' me.  I really don't care how you trade the
markets
and it's great to hear that you are successful in the t-bonds market. 
As far as
I'm concern, trading without a stop is an act of an idiot and as Steward
mentioned, without a stop, 'you are asking for it'.  As with your
attitude, it
sucks the big one.

Jeff Harteam
Hong Kong