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Non-Tech : MB TRADING

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To: Rick Faurot who wrote (1819)11/8/1998 9:59:00 AM
From: Poet  Read Replies (3) of 7382
 
Hi Rick:
Yep, just think of me as this thread's Bald Man From Mars (the funniest guy on SI, IMO)
Thanks for your explanations of how you enter trades. It's an art, for sure. When I started with MB I traded between the spread and did pretty well for the first couple of weeks. Then I got "confident". I'd ride along with others' trades -- after they'd called them -- not realizing I'd already missed the move the majority of the time. I've got a hunch a lot of newbie daytraders make the same mistake (and if you didn't, guys, please lie and tell me you did!)
Yup, I hang out in mtraders, now weeding through Ken Wolff's picks and trying to establish my own trading rhythm. TLC turned me on to the "Tag and BAG" section of Clearstation recently, and I'm finding it's a great source for momentum plays and TA. I mention this for the other newbies who might be lurking.
My question to you is this: What do you think of the various mIRC daytrading channels and how do use them to help you trade?

Good morning, my name is Poet and I am an overtrader.
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