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Alias Born 11/23/2003

Re: LanceAA post# 54224

Sunday, 02/22/2004 7:18:13 AM

Sunday, February 22, 2004 7:18:13 AM

Post# of 396429
It sounds like your entries and potential sell points need to reevaluated. I would say not be too anxious when a stock that you haven't strategically targeted starts to break out. If you can thow up the chart quickly (and I mean very quickly) and see where the break occurred and where the next resistance would, you could evaluate for a potential gain. There's always another if you missed the early opportunity on that one for a profit.

Always trade with settled funds so that you can exit at any moment.

Remember that any profit is a victory.

When a stock that is interesting goes on watch, make your set up and start evaluating early.

When someone post "such and such" is breaking out without warning, particularly from someone not primarily from BOT... don't let it excite you to a buy. Losses seem to generate carelessness and desperation. Try to stay calm and be disciplined.

Capitalist has posted some great info on strategy... you might to refer to his insights.

Just my 2 cents. Best of luck.



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