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Re: Zeev Hed post# 209805

Thursday, 02/26/2004 3:36:55 AM

Thursday, February 26, 2004 3:36:55 AM

Post# of 704048
I think we have a mutual misunderstanding going on here. Must be my Hungarian! <g>.

I didn't mean the 25 cent gain literally, it was just a random number I used to explain the concept of cutting risk by taking several smaller gains as a stock moves up and down throughout the day in preference to holding for one larger gain, which hawk mentioned was a problem he had that led to some losses. The 25 cents was in no way intended as a reference to any particular trade of yours, though I did learn this method by watching your style of trading.

And while you may consider your trades that only yield 25 cents as failed plays, a profit is nevertheless a profit, and a 25 cent gain is waaaayyyy better than a loss.

Good luck tomorrow . . . oops, I mean today! Go get them quarters <VBG>!

Newly



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