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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Linda Kaplan who wrote (3943)11/21/1997 11:43:00 AM
From: Esteban  Read Replies (1) of 4701
 
Linda,

That's why I stick to day orders that cancel automatically. 90% + of the time you'll only get the fill you wanted the day before if you no longer want it today.

I know what you mean about much bigger losses. NOIZ, TRIBY and CADE have led the bleeding parade for me lately. Maybe they'll follow the MTON lead and just make it back in a couple of days. I need to get the feel for how to trade these volatile small caps. Knowing that these are basically sound companies with lots of potential has actually hurt me so far (no one's fault but my own). If I knew less about how great the company was I'd be more likely to jump ship at the first sign of trouble. I think I just need to adjust psychologically and realize that there are lots of great companies that the DIS team uncovers all the time, and not get attached to one or another because of my expectations. Or change to a buy and hold mentality for these puppies and not worry about the negative flucuations, but that goes against my nature.

Struggling for the right fit,

Esteban
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