Zeev's Turnips Patch-No Politics (ZEEV)

[Sandy Mack]

D2, with all due respect, you may want to consider using stops with your entries rather than depending on doubling an underwater position. After all, it doesn't take many plummeting doubles to do serious damage to an account (I learned this the hard way...the very hard way)...and the essence of trading is capital preservation before anything else. For example, if you'd implemented a 50-cent stop with your 35.5 entry, you'd have been stopped out w/ a 50-cent loss and able to re-enter ~33+...then, by the time the price gets back to your current buy-in average, you'd be in the green by a buck and a quarter (minus the 50 cents, of course). I know, I know...Zeev breaks the "rule" all the time, but he does invoke disciplined exits when his "box" gets violated and that approach works for him. For most of us, though, doubling a losing position should be considered an absolute no-no.

BTW, did ya notice VTSS's move today...and what volume! I love it when a plan comes together.

Sandy