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Re: Zeev Hed post# 148598

Friday, 09/05/2003 7:50:31 PM

Friday, September 05, 2003 7:50:31 PM

Post# of 704041
Zeev-

A little confusion here. Are you saying a 3-5% move on invested capital (margin money not counted) or are you saying a 3-5% move on the total position?

Secondly, I was womdering about a new strategy that I have begun using. I call it "Ten Cents A Dance." I choose my entry points with extreme caution because I will only let it go a dime against me, long or short. So far, it seems to be working like a charm. If I am forced to sell or cover, I try again at another level. (This strategy came to me as the only way to avoid the thousand dollar losses that I am sick of.)

Thanks for your help.

schloss

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