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Strategies & Market Trends : Trader J's Inner Circle
NVDA 181.33+1.3%3:42 PM EST

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To: LTK007 who wrote (18069)7/27/1999
From: Trader J  Read Replies (2) of 56535
 
Max - I know your situation and I agree with you, but we also have many newbies here that follow this board, and many, many, more that lurk. If they are trying to be pure day traders, they need to understand that they cannot afford to take the position you are...you have a good cushion on the side to take advantage of further downturn...many others do not.

I feel it is my job here to point out the difference between your position trading with investing tendencies, and true day trading disciplines. Many new traders are influenced by what they read and I just want to make sure that they understand the differences. Too many traders make the mistake of not being able to take a loss and then end up with near to nothing.

Tomorrow, hopefully, will be a better day for all.

J
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