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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Mr. Big who wrote (47441)12/17/1999 3:11:00 PM
From: HairBall  Read Replies (1) of 108040
 
Mr. Big: I rarely set goals as it biases my trading

Ok, I call that "new era momentum trading". If lucky, one can make money that way on occasion. Heck, I have done it myself. However, I would NEVER recommend a stock I was trading like that to anyone.

Before recommending a stock to anyone, one should have a price target and time line in mind, ALWAYS!

To All: If you're jumping into stock picks that do not include a price target, the reason for that price target and a time line to achieve that price target....and you loose money...you deserve what you get! Trying to get rich to quickly in the stock market is the fastest way I know to end up broke!

Reqards,
LG
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