breakout?, page-20

When people get cranky, they are gnerally down. I am not the cause of folks losing money. But, yeah no probs believe what you want - keep averaging down - its yours to lose. And as for "dont ever put in the market what you are not prepared to lose". Mate you have it wrong. The saying is "dont gamble what you are not prepared to lose". If you are gambling in the stock market, well say no more. Most people never did well at science or mathematics.

If you are not here to make money by being sensible then go to the casino!!! Oh yeah of course - the best way to make money at the casino is to double up everytime you lose. Its the same thing.

As for preachey, Preaching is what people who believe in God do - and buddy. Has CNX beaten you up. You dont understand technical trading. I juts buy on certain rules and sell on certain rules, there is no magic involved.

Point A of statistics 101, find a strategy and run a monetcarlo on it to ensure it is solid and doesnt rely on dumb luck. Look at the distribution of the scattergraph. Ensure you are happy with max draw down and then implement.

I am going to write to CNX management to tell them to get off the pipe. The shareholders are beaten down and beaten up. Not much optimism around here.