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Strategies & Market Trends : One trade a week
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To: Solon who wrote (2)10/31/1998 12:12:00 PM
From: Mike McFarland   of 89
 
Ouch--I get so anxious to do the trade
I often sell too early, thankfully I try
to do things in "thirds" so that helps--
e.g. sold too much gztc while it was still
on the way up, but at least I was able to sell
a third at $7 yesterday for a double. I suppose
for each unlucky trade you get one that goes
extra well for you--but on balance the one
coming out ahead always is the broker...and
the market maker--total up all those spreads
and there is a lot of money being spent beyond
commissions.

Here is a post worth reading which may have some
insight on the whole daytrading/charting debate
Message 6225995

ahhaha says
"Stock prices are randomly distributed. It's a physical fact,
but you sure can't find anyone who wants to believe it actively
trading."

--MM
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