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Strategies & Market Trends : DAYTRADING Fundamentals

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To: booters who wrote (10568)11/5/2000 11:31:23 PM
From: Jay Baca  Read Replies (1) of 18137
 
boots

I can relate to your post. I'm learning with this simulator and am not risking my own money. That is a good thing, because I learn more from my losses and mistakes than I do from my wins.

The other day I put a stop where I thought I would be safe, but wouldn't you know it, the market ran back up to my stop, knocked me out, and then reversed back in the opposite direction. (they picked me off good). I should have got out earlier with a quick market order, but my stop position froze me. Can you relate??

I'm tending to lean more toward a "scalping" trading strategy.

Do you use quote.com live charts?? I couldn't trade without this free service.

Hope to write to you again....

Jay
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