Daily Speculations The Web Site of Victor Niederhoffer and Laurel Kenner


James Sogi

Philosopher, Juris Doctor, surfer, trader, investor, musician, black belt, sailor, semi-centenarian. He lives on the mountain in Kona, Hawaii, with his family.

Bob and Weave, by Jim Sogi

Our kick boxing teacher always told us to keep moving.

In trading, don't present a fixed target trying to do the same old thing over and over. Bob and weave. Count the different patterns. Change it up. Don't step into a punch and put your stop one tick under the prior low. Don't just stand there. Move your orders. Things moving fast. You should too. After four days of the same price close, do you think it will be the same thing again tomorrow? Will the market just stand there and take it?


Jim Sogi, May 2005

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