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Earl
you are NOT alone,
even with the perfect stop loss it is
difficult to do,,
mainly because of fear and greed,
Ira, is the only one I know ,that can, in advance
,tell where a move will stop ,
and I have seen him do it over and
over,
but,
lets ask him,
this move up, what price will it stop?
(so I can re short)
Ben
----- Original Message -----
Sent: Saturday, June 03, 2006 12:36
PM
Subject: Re: [RT] post questions
The best I have been able to do is find strong support and
resistance points. I enter at one and hope to exit at the other. I find
that I tend to be in early and refuse to chase a move which is already
underway. Once in a while I catch a top or a bottom, however I generally miss
both. When I do exit early in a new trend, I look for S & R points at
which I can re-establish the position. If I can get 50% of a significant move,
I am happy.
I am now in my 4th series of shorts in the decline from 1331. I've
actually managed to capture close to 100% of the decline to 1245 by
re-shorting on retracements. This in spite of the fact that I missed the
last 25 handles of the decline by closing out my second position early.
Earl
----- Original Message -----
Sent: Saturday, June 03, 2006 9:27
AM
Subject: Re: [RT] post questions
Found a place where I could use my lap
top. If I would have traded this I would be out as stated and missed
the high. How many ever get out at the high? Somehow I have
never been able to do it.
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