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Strategies & Market Trends : Z PORTFOLIO
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To: Larry S. who wrote (3527)10/29/1999 7:33:00 AM
From: Ron McKinnon  Read Replies (1) of 11568
 
Larry, agree, but:

first, it is so darn easy to get addicted to doing daytrades, and the resulting bookeeping issues

second, hopefully position trades cause us to "think" before doing a Z trade, at least for 5 seconds

last, as I've said before out little exercise is as close to "real" as one can get
position trades reinforce that
we will never be like a certain "guru" on SI who posts trades on big movers after the fact and thus has a 90% win record; we will just plug along and hopefully win our fair share
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