Meet Gene, a NASDAQ Market Maker Message Board

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Non-Tech : Meet Gene, a NASDAQ Market Maker

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To: exdaytrader76 who wrote (922)	8/31/2000 11:59:15 PM
From: Dominick	of 1426

My advice to you and other new traders is in the beginning to stay away from the time frames MM's and professional traders operate in. Use 30 minutes to daily time frames and liquid stocks that move a minimum one point range daily. Trade 100 share lots only with one half point minimum profit objective. And here's the biggie, get some graph paper with 1/8 or 1/4 inch blocks and make a point & figure chart watching time and sales and mark every 1/8th or 1/4 which ever is easier. This will force you to focus and concentrate on price movements all day. And, you are not allowed to miss any moves. After awhile, the characteristics of that particular stock will be revealed to you. Regards, Dominick

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