Are you considering quitting your dayjob to daytrade?! Message Board

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Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?!

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To: SpongeBrain who wrote (34)	1/17/1999 12:00:00 PM
From: speedbird	Read Replies (2) of 611

It is worth saying how I lost 50% in one go. It was a day recently when Net stocks had been flying for a few days. I wanted in and saw that day traders bid up ONSL and OMKT in pre-trading. I bought, and as I live in Europe and am in the office, went off to do a job. Got back about 40 minutes later and there had been " Profit taking" I had bought at around + 20 ish % and the the two stocks had crashed into the minus -20%. I sold. Gone. That was the biggest learning experience yet. You should monitor your stock in real time to the second if you day trade volitile stocks !

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