Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: Nazbuster who wrote (24759)	11/26/1997 4:44:00 PM
From: Tim Luke	Read Replies (1) of 61433

Dan, With 25K put on marging and making the right day trades you can 300 to 700 daily. I have alot more then 25 on margin, I'm just using a small figure as an example. When I have time I will email you with more details just don't give out my email #. " Never hold a position overnight" " Volume Volume Volume" " Never get Greedy" " Try to start with a 1000 shrares and when you get 1/4 point SELL" 1000 X .25 = $250 minus $30 in com. $220 in less then 30 minutes, two or three times a day. Thats with only 25K in margin. Now that sure beats a regular job, I know I had one and gave up a six figure income to day trade full time. I trade a small group of the same stocks daily.

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