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Pastimes : Making Money and Preserving Capital on the OTCBB Market

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To: Wayne Rumball who started this subject6/7/2001 7:45:08 AM
From: Joe Copia  Read Replies (1) of 268
 
When you have a profit take it folks. No looking back. Noone gets out at the top all
the time.

Are you an investor or a day trader?

Investors look at a stock for days, weeks, months before buying and know exactly
how long they expect to hold.

Daytraders try to buy on news, hype, momo, sector "madness", CNBC hype, etc.
and hold 10 seconds to maybe 3 weeks. Anything overnight is basically excruciating
for them.

What are you?
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