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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (25023)4/28/2000 4:11:00 PM
From: Rande Is  Read Replies (1) of 57584
 
Well, I made roughly 45 trades today. . .but gained about 7% on the day overall. And the biggest factor was being quick to spot trends. That is why this type of forum is so important. . .and why the team we have created works so well. . . and why my plan is to grow what we have here.

Thanks much to all those that contributed to the thread this week. It really feels good to have done so well this week, after watching the entire market drop so hard. I hope many of you are doing well. . . I know those that sold techs with me in March are doing very well. . .

If I've learned anything this year it is this. . .

We cannot limit ourselves to a single trading style anymore. Value investors need some tech. Tech investors need some value. Long-term investors and position traders need some momentum trades. Momentum traders need some buy and holds. Everyone needs to short-sell the market now and then. . or at least the QQQ. And everyone needs to learn to both read the markets and time the markets. Finally, we all need to learn to ignore the pundits.

This is the formula to success in this new volatile stock market, in my opinion. Best wishes to all and may each of you have a wonderful weekend!

Rande Is
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