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Strategies & Market Trends : Trading For A Living

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To: Robert Graham who wrote (686)7/4/1998 2:43:00 AM
From: jawd  Read Replies (5) of 1729
 
I started with $200k - lost $100k by the end of the second month (in one day) and being a quick learner came up with a method that now nets me over $1000/day on a $100k play money.

I'm fine with that, and right now I don't even miss or think about the $100k I lost. I think about the $1000+ per day I'm making instead.

A very large part of my strategy is this:

As soon as I've made anything over $1000 I STOP! Be satisfied. Finish for the day. If I continue, a few things happen. I get bored. I get tired. I get greedy. I make huge mistakes.

I normally trade for less than 2 hours per day. Every day is a winning day for me. So far :))
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