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Strategies & Market Trends : DAYTRADING Fundamentals
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To: - who wrote (672)6/13/1999 10:52:00 PM
From: KM  Read Replies (2) of 18137
 
Wow. I had that on Friday at 166 for my last trade and took a loss at the close to get flat for the weekend. If that isn't a great example of what can happen to you when you take positions home . . . It was only 300 shares but if it gaps down say 8-10 tomorrow, that's $2,400 - $3,000 down the drain for nothing. Really points up the necessity of taking the losses while they're small.
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