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Strategies & Market Trends : LastShadow's Position Trading

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To: Leland Charon who wrote (11114)3/23/1999 8:44:00 PM
From: Ron  Read Replies (1) of 43080
 
I've had excellent results playing IPOs the last few weeks. But today when AWEB came out I put in a buy order for 20 1/2...then noticed the SPX moving steadily down...and cancelled the order. When I checked it a bit later...oh well. Discipline has its virtues. I have avoided losing a lot of money by being very slow to go long when the big indicators like the SPX and NDX are moving down. Still...if I had only pulled the trigger on AWEB... :)
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