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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Sarmad Y. Hermiz who wrote (46156)	3/17/1999 12:39:00 PM
From: HG	Read Replies (1) of 164684

I did not panic really, but I realised that as my account grew, my risk startegies did not evolve. I started my trading portfolio with 40K last March, and then bought 100 shares at a time. I could stomach a 10-20 point drop by just holding the stock ! Now, when I was trading 10-50 calls, the risk strategies should have changed, the stop losses should have been much much tighter. I just continued the old way. When DELL, CSCO and TMCS dropped together, I just held on ! Now of course, I think I'm much more wiser, but sometimes I do revert back to the old style !

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