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.
Thursday, April 07, 2005
ISCA MNT
This is a perfect example of what I dont want a position to do. It was obvious I was way wrong on these. With that you have to cover the whole lot. The odds were in favor of a continuous move down and it did not happen. When you are wrong you can never second guess why or what the market is doing. You must listen to the market and agree with it that you were just plain wrong. My analysis has been proven incorrect and I must take my lumps.
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