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Strategies & Market Trends : Trader J's Inner Circle
NVDA 193.23-2.9%Nov 11 3:59 PM EST

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To: snerd who wrote (1931)12/13/1998 3:09:00 PM
From: BANCHEE  Read Replies (1) of 56532
 
Snerd
I use Waterhouse and have complained
to them about their service...They
now have 20 servers and are adding
50 more.With 70 servers they should be
in good shape.They are working on a way
to keep their window of trading open
longer..This getting timed out by
them sucks...When you do make a trade, I
find them fast. All this has to be taken in
consideration when trying to place a trade
in a fast moving stock...I sometimes shoot
ahead of a stock if I feel it is moving up
or shoot behind if it going down or use a
market order instead of a limit order.
This only comes with experience.
Position Trading is buying a stock with
the idea of selling with or without a
target price when the event that you think
is going to happen, happens..like I buy
RADAF because this is their time of xmas
sales or IOM because their next quarter
is suppose to be profitable or PREI
because their next quarter is suppose
to have a lot of revenues. All these should
go up before the Q is reported and
then I sell. Position could be long or short
term..Remember Buy on rumor, sell on news...
Banchee
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