Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (13114)	9/27/2002 9:37:47 PM
From: Dave Gore	of 16631

One other thing ---- most traders are the perfect prey for the Power Players. PP's have far more patience to set up their plays for their maximum gain and the small guy's maximum pain. They don't mind taking months to do it. Traders are inherently impatient, making them the perfect pawns. At least the naive ones. A panic sell-off can gain tremendous momentum as it filters down from the trading floor all the way down to the small guys at his office that finally gets the word. That's why I try to be so patient in selecting my ODOD's. If the selling wasn't way overdone, then I don't get a good buy point with a high enough REWARD/RISK. It can obviously work in reverse for shorting.

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