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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Teresa Lo who wrote (3018)8/18/1999 8:09:00 AM
From: Dotty  Read Replies (1) of 18137
 
<You MUST learn about Risk and Money Management and then IMPLEMENT it
prior to making any more trades.>
Thank you IntelligentSpeculator.com.
You're right on-I have made too many trades like the aforementioned FFIV, buying at the top and holding on way too long as it dropped.
And yes, money management is NOW my top priority, not trading.
I DO want to stay in this game.
I am writing down minute-by-minute quotes Linda Raschke-style as suggested by Marketbrief, and not trading until I get a better handle on the market, my money and more self-discipline.
I recently discovered your excellent site through the Fundamentals and have visited it many times and printed out many terrific articles.
The next step is getting my head to absorb all of this essential survival information and then acting on it...
Again I really appreciate all the support and advice this thread has given me.
Dotty
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