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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 37.51-5.4%3:59 PM EST
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To: Stock Watcher who wrote (13764)8/23/1999 9:59:00 PM
From: StkProfit$   Read Replies (1) of 52051
 
Well, got caught with pants down in mid July(even though I saw it coming), forgot my money management in open positions. So anyway, last couple weeks have kindly allowed me to make back 50% of July deficit.

Now, hopefully, another few weeks/months will take me past where I was begining of July as some long positions rebound.

Continually trying to apply these successful trading tips:
Rule #1 - Invest well.
Rule #2 - Patience, patience, patience. (unless waiting is unwise)
Rule #3 - More patience, and more good investing.
Rule $4 - Money/risk management.
Rule #5 - Find a good guru/thread (or 3)and ignore him/her/it. (i.e. always do your OWN!)

I make gobs of money on my good investments 75-85% of the time, still lose lots on my stupid ones 70-80% of time, lol. :-0

Still a work in progress here, mostly working at better money management, and finally becoming more patient. Almost have eliminated impulse investing, but still get done in from time to time.
-Mark
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