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An excellent thought. Knowing when to keep your powder dry is as important as
knowing when to get in the water.
Don Ewers wrote:
> FWIW along the same lines, a label on the top of one of my monitors reads
>
> "The best trade you make may be the one you do not take" . . . always know
> why you are trading . . always.
> ----- Original Message -----
> From: "Timothy Morge" <tmorge@xxxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, July 27, 2001 2:19 PM
> Subject: Re: [RT] Fri aftn
>
> > Earl:
> >
> > This a great idea that most traders will not follow. There are times to be
> > out of the market--as smaller speculators, choosing when we are in the
> > market is one of the very best edges available to us.
> >
> > Have a great weekend.
> >
> > Tim Morge
> >
> >
> >
> > At 01:07 PM 7/27/2001 -0600, you wrote:
> > >My comment brought something else to mind which might be worth sharing.
> When
> > >I have my data feed running and I'm sitting there watching it, my
> instincts
> > >are akin to a beagle ... if something moves it's time to bark and hunt. I
> > >refer to it in my trading notes as "Barking Dog" syndrome and is the
> number
> > >1 item in my list of losing habits. I find that aside from self control,
> not
> > >watching the market when it's wandering is a good cure.
> > >
> > >Earl
> > >
> > >----- Original Message -----
> > >From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > >To: "Realtraders" <realtraders@xxxxxxxxxxxxxxx>
> > >Sent: Friday, July 27, 2001 1:00 PM
> > >Subject: Re: [RT] Fri aftn
> > >
> > >
> > > > The trading day was likely over on the failed weak attempt to punch
> > >through
> > > > overhead resistance and reach 1221. I shut down my feed rather than be
> > > > tempted by some false breakout from the chop .... market will still be
> > >there
> > > > Monday.
> > > >
> > > > Earl
> > > >
> > > > ----- Original Message -----
> > > > From: "Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>
> > > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > > Sent: Friday, July 27, 2001 12:50 PM
> > > > Subject: [RT] Fri aftn
> > > >
> > > >
> > > > > I'm not much of a tape reader, but I am getting the impression that
> > >there
> > > > > are lots of people wishing the bell would ring right now.
> > > > >
> > > > >
> > > > >
> > > > > To unsubscribe from this group, send an email to:
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> > > > >
> > > > >
> > > > >
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> > > > >
> > > > >
> > > > >
> > > >
> > > >
> > > >
> > > >
> > > > To unsubscribe from this group, send an email to:
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> > > >
> > > >
> > > >
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> > > >
> > > >
> > > >
> > >
> > >
> > >
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> > >
> > >
> > >
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> >
> >
> >
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> >
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>
>
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