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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Don Green who wrote (1301)12/1/1997 2:31:00 PM
From: steve goldman  Read Replies (3) of 12617
 
Don,

Don't take this the wrong way, but as a "trader" trying to make things simple and easy and with "only" 100k as principal, to keep things simple, why in the world would you ever take home Dell. Sure hindsight is great you are up great (congrats!) but a true trader with only 100k would never, never, or atlast should never never take stocks home. YOu can't afford to chew into your principal.

Well, just goes to show you that there are opportunities out there greater than day trading stocks for 1/4 and 1/2s. You never would have been up 8 or so in dell if you had stuck to your focus on day trading. Nonetheless, this lack of discipline is exactly what leads traders to serious downfalls.

Good luck and i wasn't being sarcastic with the word "claimed" but that is exactly what it is....you claimed you made xyz amount on xyz every day, day trading. Don't be so sensitive. This kind of dialogue is incredibly useful and shouldbe used to fine tune, hone your skills and committment to your discipline.

regards,
steve@yamner.com
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