|
PureBytes Links
Trading Reference Links
|
"Liu,Marshall,GLENDALE,Finance" wrote:
> I don't think the issue is whether anyone of us is or is not willing to
> disclose both our winning and losing trades on this post.
>
> I think the issue here are:
>
> 1) What is your overall mid to long term market outlook ? Whatever that
> means to you.
> 2) Are you trading with or against that mid or long term trend ?
> 3) If you are trading with the trend, what is your exit strategy for taking
> profits ? (i.e. mental or real stops, using options, etc...)
> 4) If you are trading AGAINST the trend, what is your exit strategy for
> limiting losses ? (i.e. at what point do you swallow your pride,
> take the loss and go to the next trade ?) Going bankrupt or meeting
> margin calls to prove a point is foolish at best.
>
> Rick's comments maybe a bit harsh but that's the way the market works. It
> rewards the winners and punishes the losers.
>
> Thanks,
> Marshall M. Liu
> Sr. Systems Analyst
> (818) 549-6269
> marshall.liu@xxxxxxxxxxxxx
>
I think you are also missing the point.
The issue is not what you seem to think it is.
The list exists to discuss Technical analysis, specifically MS and other things
which seem pertinent at the time. It is not appropriate to flame others for
innocuous posts.
The market does indeed reward the winners and punish the losers. Neither you nor
Rick are the market.
There are many other people posting on this list who have beliefs I consider
silly if not downright foolish. I will not criticize them in this forum because
who am I to judge them and then publicly proclaim their inferiority.
Harley,
Continue your posts, and continue with the animated gifs, they are enjoyed by
many.
Best to all,
Barry
|