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Mister Two

03/05/13 3:07 PM

#240529 RE: stockjob #240525

Me too, I'm trying to practice that...went in small to feel it out, took a tiny loss after 20 minutes or so of no push; it didn't do what I wanted it to do.

Gap filled another small .03 order 50,000 shares sold em out .031 average to get back some of that loss lol, practice...now it's printing .029's

Mister Two

03/13/13 12:43 AM

#241364 RE: stockjob #240525

I thought of your post when I read this line in an article just now...

"The story that repeats itself over and over again is that success in trading comes from putting capital preservation first, cutting losses short, letting profits run and getting into high probability trades which are eliminated quickly if they turn sour."

http://mechanicalforex.com/2010/10/how-big-traders-got-big-what-the-journeys-of-successful-traders-have-in-common.html