2002 Canadian Stock-Picking Challenge Message Board

STOCKTALK

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Strategies & Market Trends : 2002 Canadian Stock-Picking Challenge

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To: hx4 who wrote (679)	4/11/2002 11:18:20 AM
From: couldawoulda	Read Replies (3) of 1590

Harry - not for me to say, but when you pick the odd dud, the mistake often made is to go for the big return in order to make up prior losses. We tend to take enormous risks when we're down on our luck, and be ultra conservative when things are going well. I'm personally not a big CLQ fan. One of the better ways to adhere to the rules and trade on this thread I'm learning is to play the sectors and not necessarily focus in on one individual stock. The odd time a pick may go through the roof which is a bonus. It's a different style of trading where fundamentals both in the general sense of the term and on a specific stock-to-stock basis are weighted equally with t/a. I'm going to introduce myself to this style of trading once I become a little more comfortable with the discipline required, hopefully by the summer time. Far less stress doing it this way I'm finding. Valarie

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