The Final Frontier - Online Remote Trading Message Board

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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Darth Trader who wrote (892)	11/8/1997 11:20:00 PM
From: funk	of 12617

OK Irby--on the GE trader-- Alex seemed on track, just going on what the GE trader said I would throw in the thought that if you are in the process of day trading you can't really turn your back on things. If he had not gone for a walk or if he had used a stop limit. He could have seen that 63 dollar low and bought right back in with a big smile on his face. About four weeks ago a friend came by to see me things were looking super so when he invited me out for lunch I went and, GEEZE I can't believe I have to admit to this...oooohhhh it hurts, but we went to lunch, and I was so cocky I left things and that night I had to call him and thank him for buying me lunch because when I got back to the boiler room, YOWW! It was like a three thousand dollar cheese pizza. I actually can't believe I did that! I signed up for RayJohns free trial and I am not really interested in his service per se...but you know that gentelman has said some things that I was glad to hear. Now Ray really talks about averaging down so when Steve always say No way never average down I have to chuckle because I perceive them both to be successful traders....perhaps very successful...at any rate they both have their styles and on the averaging down stuff I am of no opinion...yet. Well actually I am probably leaning more toward Steve on that, honestly. But one thing I heard Ray say alot and I know he is right is... being in cash is a good thing. There is little doubt that I need to continue adjusting my strategy more and more thataway. There was something else Ray said that really seemed great and I just lost it. Anyway I just read through the big log over there last week and one of you guys was telling someone about here and thats how I found the way over... So really RayJohns is the guy I need to thank for my good luck. AE

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