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Strategies & Market Trends : Waiting for the big Kahuna

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To: Staff who wrote (10963)12/6/1997 10:31:00 AM
From: Pancho Villa  Read Replies (3) of 94695
 
Staff >>a customer who makes money slowly and is with a broker year after year is better than one who trades like crazy ringing up big comissions yet blows himself away in 30 days... trust me gang.. brokers want you to win more than you do...been there done that as they say<<

Agree 100%. One of the dangers to the inexperienced investor is that many think that doing your homework on stock research is symonimous with trading the account like if playing on a pin ball machine and following stock quotes to the minute. And I love SI but one of the things that has happened even to me is that you catch trader's fever. Columns like Cramer at street.com whom I like! may give people the inrpession that investing and trading are one of the same. Even this guy has a set of core holdings in the portfolio [or so he says] that he seldom messes around with.

Pancho
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