where are the prophets of doom today, page-31

Not sure what your bottom line was there T4p.
Yes, I closed out my shorts near the 200dsma, because it has acted as a bouncing point for the last corrections for the last 4 years. It is about securing profits.
I took a small long position based on that exact fact - that the 200dsma is critical.
For me to say caution is the key doesn't mean I am not taking positions for maximal gain.
My stops would be a confirmed break of the 200dsma, which would close my longs at a loss (yes).

I'm unsure why I wouldn't trade as per my "book". Afterall, they are based on my own analysis.

To makes things clear - I took a long in BHP when the index touched the 200dsma - knowing full well of the implications if the 200dsma were to be breached. BHP was trading lower on % terms than the index, and was well supported by the 50dsma at 35.50. Therefore, a breach of the 200dsma for the index, or 50dsma for BHP would have stopped my longs out.

My posts are with motive - yes - education on management. I have gone through problems in the past with many many money management issues in share trading, and I've always thought how much better it would have been if there was someone who could just tell me their mistakes so I didn't have to make them all.