Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 184.93

+2.0%

1:16 PM EST

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To: Poet who wrote (1324)	12/8/1998 8:47:00 PM
From: DadisKing	Read Replies (3) of 56535

I think a lot of us (Me for one) have to decide when we are day traders, intermediate, or Long Term traders. Next we have to clearly know the objectives of who we are getting posts/reccomendations from in the following regard - Recommendations from a day trader are to be taken totally different from the same reccomendation from a long term trader. I'm not sure Newbies are very aware of these distinctions. I am generally Long term to intermediate and have had a hard time getting used to interperting day traders comments ("Its rocking" or "going to the moom" may mean up 25% in the next 3 hours, merely to fall back shortly thereafter and possibly decline even further - the poor newbie buys it as its already crashing!). I believe a lot of losses are due to a lack of knowledge about how to interpert comments. Thanks for listening DadisKing

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