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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (11836)11/15/1999 11:44:00 PM
From: Rashid Garuba  Read Replies (1) of 59879
 
Mark,

How Ironic as I decide to drop in so say hi you go on leave.

Lived an entire lifetime these past few months. Happy to be alive and well. Went through exactly the same battles.. trading/work/family/health.. One thing I have learned from it all is "how can I be EFFECTIVE in this area"?

On trading, it has finally occurred to me that if you are always in the right sectors and stick with your plan, holding for multiple days is better than intraday trading. I am sure you remember MCOM and OMPT.

Even when successful intraday trading, for how long can one do it without developing an ulcer? A superfast trading system is only really necessary if you don't plan your trades and an unplanned trade is usually an emotional one..

If you can make as much (perhaps more) doing other things with your time other than babysitting stocks, why not?? Can't think of a better definition of an addiction than intraday trading when it is not necessary. Effectiveness..... achieving the most in the least time.

Wish you well
Greetings to all
Rashid
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