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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: TFF who wrote (4173)5/15/1998 4:42:00 PM
From: Andrew G.  Read Replies (1) of 12617
 
Irby: I've read quite a few of your informative postings. Thanks for your advice.

However, I'm extremely adept at finding stocks at the early stages of their runs but lately I've been picking very hot one day plays and have found my self in a quandary because I see them blast off sometimes within minutes of my getting into them and then they come crashing down and I'm sitting there with a measily 15-20% return for the day. I have 2 online brokerage accounts One will ream you with a hefty commission, the other requires cash from the previous business day in the account equal to the amount daytraded on a BB stock. Either situation makes me want to barf when I see what I could have made on my picks on a day like today. I've more than doubled my penny trading cash in the past 2 weeks but it's a trifle because I need to keep the rest in safe conservative investments.

I've seen several people on SI turn $5K into a ton of $ but they have level 2, ISDN line, and e-trade. I guess that's the way to go?
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