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You have to get your win % up higher. If your controlling losses, and sticking to your plan, then the last componant is the actual edge and accuracy rate of that style. If your only taking wins in the 30%'s you need 3 to 1 risk to reward ratios in order to profit. Either wait till your get...

Like I care! I'm a trader..... I banked some super gains off that bounce, and now am shorting stocks (KMB) as the market corrects. I just think it was cool to call a support level more then a year ago, go long right at that support and ride a 900 point rise in the Dow! (and in a public...

It's just a lot more accurate. And you get nice win streaks. I had 8 in a row early this month, now sitting at 6 in a row. I get 60-70% winners at 1 to 1, and in a orderly market I'll target 2 to 1, and have 50% accuracy. -Bo

I'm tape reading my exit, not as willing to hold the wiggles to a target area. -Bo

When I enter a trade, I have a clear opinion based on my experience that lays out what the stock should do. If the stock gets weak kneed as SPC did, 8 times out of 10 I’m going to be unhappy with it in a few bars. So I exit while the levels are thick, and I have a no slip situation. Bank...

The stock trader is always my favorite since it is more of a peek over the shoulder type book. Any book that gives a glimpse into another traders style is enjoyable for me :) "how I trade" has a lot more hard info about his style if that's what your looking for... Good Luck and Good...

SPC again oversold, showing reversal signs. Possible breakaway gap, so I waited 30 min and bought a break to new highs. Stop under lows. Again, once it was obvious the easy money was done, I exited on a time stop as it based. Did I leave some on the table? Yep, but I'm after the easy money...

UST, oversold and showing reversal signs. Went long off the wiggle, stop under LOD. Exit as the easy money is made from the double top retest. Risk .50, reward +.52.

That was FUN! How classic was that? Gap up after a narrow range day, ticks above 1,000 early on, and the "double bottom" in the ES (9:50 or so, came within one tick of the LOD and bounced) A total slam dunk...You knew from early on that we would close on our highs! [09:14] <Bo> nice...

The minis have more profit POTENTIAL with that account size, however are a much more difficult market to be profitable in IMO. your skills must be sharp as your competing with he best in the world head to head. Good Luck and Good Trading, -Bo Yoder

If what you say is true, and you traded your plan without emotion and according to the strategy, then you have 2 possibilities... #1: Your trade strategy is in an extended drawdown period, and will at some point come back in alignment with the market. The question is...are you willing to...

As I write this the Dow is sitting +375 for the day!! I took 1/2 profits on my call position a little while ago as my options have now more then tripled from my entry. Banking some of these gains as the dow is up near my target of 88-90. Would rather take some green off the table now as the...

And after zen and poker...pop "rounders" in the DVD! :D http://us.imdb.com/Title?0128442 -Bo Yoder

Actually, the premium seen in the OTM calls is a representation of the “hope” that they will eventually trade in the money. When I took mine, the Dow had just broken to new lows, and nobody in their right mind would be buying calls... :D SO, as a result they were very cheap as there was...

hehe, thanks Eric :) I still have one of those "Bo knows" T shirts in my closet! :D -Bo

1987 http://biz.yahoo.com/rb/020724/markets_stocks_30.html -=-=--=-=-=--=--=-=-= Reuters Business Report Stocks Rebound, Biggest Gain Since '87 By Haitham Haddadin NEW YORK (Reuters) - Stocks surged on Wednesday, the broad market chalking up its biggest gain since October 1987 and...

There are many addictive aspects to trading....All of which will hurt your profitability. You can't trade for excitement, ego, entertainment, etc... and expect to turn a profit. It's a biz, and has to be treated as seriously! -Bo Yoder

Make that +488.95 :D If you have anything held overnight, you might want to look at it afterhours, things are NUTS. Took some partials in IDPH and AMGN miles above their close. Feed some shares to the chasers who missed the dinner gong and are desperate for a seat at the trough... -Bo

Yeah, except today is the day the market rallied 400 points after I went long, so it holds a special place in my heart :D :D :D Good Luck and Good Trading! -Bo Yoder

Well, if it was Maria, then I'll thank her next time I see her :D Low tick on the dow was 7532... missed my 7600 by 68 points! lol Come on little Dow...Run like the wind! -Bo