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

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To: Don Green who wrote (2070)	12/31/1997 12:14:00 AM
From: Morpher	Read Replies (2) of 12617

If for example I bought $1000 shares of Dell at 82 or 82.125 it really doesn't matter. If I sold it later in the day for 85... If you could do it every time then of course it wouldn't matter. But you can't. Nobody can. That's why 1/16th's and 1/8th's do matter. Let me repeat since you seemed to missed it: you will lose 65% of what you would otherwise make in a single year when you don't pay attention to those 1/16th's and trade twice a day. How is that fighting over pennies Don? And I do take care of my trades; I am up 200% on a year.

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