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Non-Tech : JB Oxford, Lombard, Etrade

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To: Rarebird who wrote (334)8/16/1997 10:31:00 AM
From: Rarebird   of 396
 
One other thing to keep in mind here so you know where I'm coming from. I'm not a very active trader. I have been investing for 15 years, and I usually make about 50-60 trades a year. Last year, I experimented with day trading for the first time ( pretty successfully I may add) so I came out with about 90 trades. This year I'm pretty much back to the norm. I usually buy stocks or mutual funds, but I do sell short and buy an option when the situation calls for it. Before I place a trade, I research it thoroughly, technically and fundamentally. I NEVER rush to make a trade at the market. I place only day orders and limit orders. If I don't get MY price, then that's the way the cookie crumbles. Their will be other opportunities. I don't trade for a living. I earn ( through other means) a very good living. I'm more of a buy and hold type. Although over the last couple of years, many of my investments have reached my target price in a very short period of time. I'm sitting on alot of cash ( 75%) with only 2 longs and 8 shorts.
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