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

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To: JParker who wrote (140)1/17/1999 9:50:00 PM
From: Mike Perras  Read Replies (1) of 611
 
JP .. If you were to pre judge the gambling machines would you pre judge some stocks as well, especially tough if you knew they were in the money. I am not testing your sense of conscience, but as a day trader I think you have to completely remove any emotion for any stock you are buying. It's a stock, with homework done, will go up & you will win the day .. nothing more matters. I know that's cold, but we can't only wait for those nice warm & fuzzy companies.

The only rule is can you take advantage of a stock at this moment in time, that very company may have just let go 6000 employees to turn itself around & shares like that info & tend to rebound. As much as I feel for the employees who were let go, I may still have to buy the stock as it comes back up.

Just a few thoughts,

Mike
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