Replies to post #1370 on Bollinger band Breakouts

[alfaspider]

Ecostate: Thing is Rancid Butter HAD its glory days- But now it's not worth much.
Have you followed EEE? That was Maloney's last gig.....
Don't know if you have any inside info- or if you spoke with Baloney since Hammer? BUT:
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Hammer has had many good picks, and may have just gotten lied to this time..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57634881

Perhaps, just lucky to sell early last week as they did not have any possible way to hit the $1 pps for 10 days prior to Dec 20th as required by de-listing agreement- and THEY didn't even mention it...

There is talk of a contract for Baltimore school systems for this biofuel- but I don't "understand" the patents for homogenization of various liquid lipids.

Fuel oils may sit in storage tanks for quite some time prior to use- and settling may occur between the different levels of saponification of these veggie, plant and conventional hydrocarbon emulsions. If it was refrigerated, then perhaps the oils would stay uniform like Mayonaise does in your fridge. But at room temperature, these oils separate into layers over time....

Seems they are also "using" used fryer oils from Micky D's for these emulsions....

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57379190

I could be wrong, but just does not smell right... Kind of like rancid butter...

[trade2much]

ECO - Thanks for your useful trading thoughts, and if more adhered to them they would limit loss and be more prone to gain. Just stopped in after reviewing your profile and your post on another board this morning.

Personally, (and I realize no one asked), I think the largest causes of trading failure are multifold"

Not limiting loss is most common. Gain is easy to work, but loss is a great deal more difficult to manage due to a number of factors:

1. the trader hates to admit he has picked incorrectly and hence made a mistake. He may have chosen the wrong entry, or even done everything right but perhaps news came out and destroyed the SP.

2. Greed is always present and very dangerous and detrimental to traders too greedy and you become history.

3. People get wrapped up in stories many times especially in what they perceive as opportunity stocks, rather than merely identifying them as cheap issues which are seldom really undervalued but do spike a in spurts 1-5 sessions then fall like a stone.

4. The biggest cause imho is NOT ELIMINATING EMOTION while trading.

I use bracketed orders to do that and the trading becomes automatic and not emotional. I set the profit exist and a TS loss % at
entry using the ATR guide and then it is on auto pilot.


BOL nice board - hope you didn't mind me posting this.

T2M I 100% agree with you Charts are the way to go, and if we identify resistance and support you find the entries and exits far far better.