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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Junkyardawg who wrote (3372)12/19/1998 6:45:00 PM
From: Paul A  Read Replies (1) of 90042
 
I dont understand the money issue tho.. you really dont need a lot of money to make money in the market. If you bought 50 shares of DELL 2 years ago.. do the math.. how about 20 shares of yahoo last year? or 100 shares of XYLN for that matter...

I rarely buy more than 300 shares of any stock im trading. Limits the downside if I cut the loss quick but I can let it ride if the stock is moving up and 3 points is $900.. $2-300 in profit a day is all im looking for and small quantities makes it alot easier to get thru the downturns, but at the same time make a good buck if the market acts insane like it has been.. also its very easy to get in/out of a stock when buying small quantities.. im a pebble in a stone driveway and the big boys ignore me like a gnat.. buy 200 dell, sell 200 dell.. cheap/effective/no bulletin board b.s.- nothing but serious companies.

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