STOP LOSS ORDER METHODSWritten by Al Thomas
Continued from page 1 day moving average you will have to do calculations either daily or weekly. You add up closing prices for past 20 days and divide by 20. This should be done once each week and number calculated is your stop loss. Again nothing complicated. The steeper advance shorter should be number of days for moving average. If you are lucky enough to have one of those skyrockets you might even be down to a 5DMA. Some traders use a 50 day MA and others even a 200-day MA. Mutual funds lend themselves to latter, Finding support and resistance points requires a more sophisticated approach. This is something you are going to have to study. There are many places on Internet that have short explanations with examples of how to determine these points. Briefly you watch a stock, fund, ETF run up and then you see it stop and set back like a stair step. It will rest for a while with a short up and down sideways pattern that forms before next move higher. Your stop should now be down at point recent up move started. When it advances again this current formation becomes stop loss point. This is not mechanical and requires a more experienced trader to determine these points. Once you learn this technique you will also begin to see orderliness of market. The mastery of an exit strategy with stop loss orders will immediate put you in top 10% of all investors. Learning how to sell is key to successful investing.

F*R*E*E investment letter www.mutualfundmagic.com Author of best seller "IF IT DOESN'T GO UP,DON'T BUY IT!" Never lose money in the market. Copyright 2004 Albert W. Thomas All rights reserved.Former 17-year exchange member, floor trader and brokerage company owner.
| | Beat the House with this Supa Blackjack StrategyWritten by Kent Clarke
Continued from page 1
This brings us to statistical realization that over 2 thirds of your blackjack winnings at will come from these 2 hands (Ace 10 and 10 10). Further down chain, bulk of rest of your winnings will come from only 5 more hands - 11, 10 9, 10, Ace 9, and Ace 8. That's why you must burn in strategies for these hands because they are ones that will make you money. If we are talking multiple decks always double down on 11 if dealer is showing 10 or less. The general case - always double 10 if dealer is showing 9 or less. Always stand on hard and soft 19. Always stand on soft 18, except if dealer is showing a 3 through 6, where you should double down. Always hit when dealer is showing a 9, 10 or Ace but stand on 2, 7, and 8. Now bad news - following hands are responsible for vast majority (almost 85%!) of your losses. Beware of hard 12, 13, 14, 15, 16, and 17. The hard 12 through 16 hands are long term loseing hands whatever strategy you adopt. The overall message? Gear basic playing strategy into your head so you can play it without thinking - know what to do when winning hands appear. Use money management to supplememnt this - bet more when deck is still heavy in tens and Aces (card counting per se is frowned on, of course, but you sould always have some grasp on what's already been played!). This is simplest way to turn blackjack odds in your favour, and ensure you leave casino with more money than you went in with! Good luck!

Kent Clarke is a staff writer for www.supabets.com , the free online Betting tip site.
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