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Strategies & Market Trends : Position Trading Forum

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To: Bogeey who wrote (4717)10/30/1998 10:11:00 AM
From: Olu Emuleomo  Read Replies (2) of 7247
 
When you say "over trading" what do you mean. I think I have been a victim of the same thing. I
have cost myself money selling one stock to move into another that I come across that seems to
provide better opportunities only to see the one I sold go up the next several days.


Overtrading! I am guilty. I am on track to execute over 1000 trades this year! At an avg of $15 a trade, that's $15K!
This is too much. The Motley Fool have made maybe 2 trades this year, and they are UP 50% YTD. I am NOT up 50% (more like 16% YTD)
I *really* have to look for a solution (not MUTUAL funds 'cos I am beating all my mutual funds YTD)

--Olu E.
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