Successful Short-Term Trading Strategies for Beginners Message Board

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Strategies & Market Trends : Successful Short-Term Trading Strategies for Beginners

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To: Billy Bob who wrote (21)	8/11/1998 11:57:00 AM
From: tide	Read Replies (3) of 78

Great thread! I'm mostly a learning lurker & printer as well. I would say to beginners that today has to be a prime example of what to always beware of. Don't get burnt badly by a tanking mkt! I'm not a daytrader but today any daytrader & perhaps very short term trader, would have been well advised to end yestdy in cash. A badly falling mkt can occur suddenly & with little if any forewarning, so I rest much better at nite if I know the next AM is not going to fall apart. Personally I am mostly in small caps which I am confident have good fundamentals. These may not make me rich quickly but they don't tend to dive along with major mkts. I expect to move more into big caps but will be very cautious of overnite holds. More knowledgeable & experienced investors/traders please correct me where you think I am speaking incorrectly. Wouldn't want my words to be causing false alarm or wrong impressions. Call me cautious. tide

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