Big Wave Trading incorporates a Mechanical Disciplined Signal Generated System and uses a Market Model system to invest profitably in the stock and futures markets. Big Wave Trading also incorporates a strict risk management system and cuts losses immediately if a new purchase does not work in our favored direction right away.
Sunday, April 17, 2005
Before I go to bed...
When i wake up before the bell, in the morning, if the market is down a lot and my short postions gap down a lot as well I will be covering half of em probably. Usually I take half profits at 25% on the short side cause you can only get 100% move. Remember, if the market gaps down more than 1% or starts falling rapidly take some profits from the short positions I have been recommending the past week.
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