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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (2260)1/9/1998 9:14:00 AM
From: Don Green  Read Replies (2) of 4969
 
leveraged an account 150%,

I told you before you don't know all, my investment accounts are well over a million dollars but I try to use only $50K to use for day trading. When I need more money I can easily transfer money between accounts. Which is what I did.

I also doubled down my buy and doubled my profits. Becuase I felt the market had over reacted on the ORCL earnings news.

As for LUCK, not totally, I knew what I was doing in the trade, it was the market the caught me and many other off guard. After It was much lower so fast, I decided since the year end was so soon, I decided for tax purposes to hold thru year end and try to sell on a new years rally. This is exactly what I did.

But based on the strong downturn I have become very bearish..

Regards
Don.
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