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Strategies & Market Trends : Trader J's Inner Circle
NVDA 190.23+1.8%Nov 14 9:30 AM EST

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To: Triffin who wrote (10074)2/26/1999 9:22:00 AM
From: Tim K  Read Replies (1) of 56535
 
Triffin - Great post on "opportunity costs"

Jumping in during the excitement can be costly. I've made that mistake a few times. I now wait for bargains in position plays so the downside risk is low. I am also trying to gather and become familiar with a watch list so i know when something is at a low price, and has a story or upcoming milestones.

I've sworn never again to buy on a run-up, especially before the open. It's frustrating to miss out, but much more frustrating to lose...........
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