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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (2359)5/31/1999 8:53:00 PM
From: DaveMG  Read Replies (1) of 54805
 
FranQ,

Agreed, but if you practice concentration, it is deadly to make even one bad choice.

I'm not so sure this is correct. What you have to do is follow that old saw ...be ruthless about cutting your losers and let the winners ride. You can make many many small to medium sized mistakes as long as you're really there with a big chunk of your money on the table at the right time once in a while.

Of course this sounds like a traders/timers game which it is of course. The important thing though is the careful selection of what is being traded and timed.

Dave
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