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Re: tjwny post# 40237

Sunday, 08/02/2009 9:28:47 PM

Sunday, August 02, 2009 9:28:47 PM

Post# of 51810
Agreed...my trades are entered when markets are already at extremes...

If you are going to get shaken out on a 10% move against your position...you WILL lose.

Even if the market goes against me, I know that almost always I can get out on the next counter move if I am not correct.

I also don't place a trade that will significantly damage my capital...even if wrong.

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