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Strategies & Market Trends : DAYTRADING Fundamentals

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To: wallstreeter who wrote (2779)8/14/1999 8:44:00 AM
From: Don Pueblo  Read Replies (1) of 18137
 
Message 6329480

See if these rules can help you. Tailor them to your own style, if they don't make sense to you, don't do it. Watch what you did right. Don't change the things you did right, correct your mistakes, and you should lose less dough.

Your strong point looks like Fear Of Losing Money. This is VERY VERY GOOD!

That trade where you shorted, covered for a loss and went long was an emotional trade. Very dangerous. If you miss your entry point, you missed it, end of story.

Personally, I would suggest staying away from the Internuts altogether until you get a successful regimen established. There a plenty of stocks that make normal moves. Trying to jump on something that goes up 4 points in 3 minutes can turn out to be a trade where you are down 2 points in 30 seconds. Not fun.

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