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Strategies & Market Trends : Rande Is . . . HOME

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To: Mike McFarland who wrote (33282)8/30/2000 10:18:49 AM
From: maverick61  Read Replies (2) of 57584
 
Mike, I know where you are coming from. My gues is most of us have been there, done that. In the past, I had a tendency to let daytrades become position trades, and position trades become long term holds.

Just had to develop the mentality not to get too attached to these, as well as to profit often as rande preaches. I am pretty ruthless now in cutting losses - and taking profits.

Now I even have a separate account just for daytrading that I have a firm rule - no overnight positions - none, nada.

good move to step away for a day like you are. Good luck.
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