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~ NT ~

06/18/13 3:06 PM

#70147 RE: Sogo #70117

Thanks for yours too.

I would say stick with what works for you. If the time ever comes, when it stops working for you, back off and re-evaluate your strategy.

Each human brain is wired uniquely. How I interpret a chart, fundamental, signal may be different from yours. That's is why everybody who wants to follow TA by the book may not always win - most have to lose in this game.

Compounding works well in certain cases. I used to do that when FNMA was breaking out from 1.20 in the last run (all in). However, in the "less than sure" plays (like the action from 3.00 - 5.00), I like to go 1/3. Then again, I've realized that the bounce (for those who can time it right) is a "more sure" play than the run itself. I would go all in on that.

I don't have a big account, I am just trying to perfect my playing style here. Money is a by product. This is just a hobby for me at the moment. I can play with big $$$ next year as I get better.

The issue of scaling would come into play eventually. That's when we'll have to split our orders and can only play with as much as the game can accommodate.

This is a ticker with a lot of dreamers who are inexperienced (and they don't wish to learn either, keep following others all the time) - that's the money that will feed the ones who have experience. I don't have much experience, but this has been golden for me. I have some iHub buddies who are experienced traders, and they have made a killing on this one.

Good luck Sogo. We can stay in touch if you have PM.