tag:blogger.com,1999:blog-3925071241912218898.post3420247280942453485..comments2007-09-30T17:14:24.029-07:00Kevin Hhttp://www.blogger.com/profile/02831501049012688377noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3925071241912218898.post-5764618797827288632007-09-30T17:14:00.000-07:002007-09-30T17:14:00.000-07:00Nick,<BR/><BR/>Thank you so much for the advice. I do agree with you that a correct entry/ buy point is important as well.<BR/><BR/>I will take your advice about concentrating on past winners and not giving up to heart. Thanks for reading!Kevin Hsuhttp://www.blogger.com/profile/02831501049012688377noreply@blogger.comtag:blogger.com,1999:blog-3925071241912218898.post-33240378061317341522007-09-30T15:54:00.000-07:002007-09-30T15:54:00.000-07:00Kevin,<BR/><BR/>So far, your strategy seems sound and correct. One aspect that I would like to mention that is important to any strategy is buying at the correct buy-point. I believe that this is the best way to make a trade low risk (even more so than a stop-loss). If you buy a stock at the current buy point, you can easily sell the stock if it doesn't act well and you will be significantly minimizing your potential loss.<BR/><BR/>Your idea of keeping a journal is a good one. In addition to my blog, I also keep another journal, which goes into my trades and strategy in more detail. If there is one piece of advice that I can give you it's this: Although you may feel like your stuck in a rut, do not give up. Continue to learn and practice your trading and keep working on your strategy. One of the keys to becoming a successful trader (or anything else in life in general) is perseverance. If your heart and mind is really in it, never give up. Also, concentrate on past winning stocks TNH, DRYS, and JRJC. History (and chart patterns) always repeat themselves and studying these stocks and what made them winners will help you find the markets next big winner. Best of luck!<BR/><BR/>-NickNick M. H.http://www.blogger.com/profile/12882286250148961941noreply@blogger.com