>>See! You're falling right into the trap. The sharks want you to
>>short in between. That's how you get your a$$ kicked.
Not me! I have shark repellent!
First, I don't short 100% of cash position, that is L A M E...
I use 25% just in case I have to average out for the daytrade..
Terd, I don't take a position on a stock until after the first
45 minutes to 1.5 hours into the trading day.
Fourth, I don't take a position unless the stock is up or down
5% or so.. 8% - 10% is good stuff to make mullah $$
Fifth, I am a paranoid Pirate, waiting like a vulture until
the prey is dead before feeding, unlike some others who
eat the carcass while it is still crawling...
And finally, my broker is W E A K on some of my short
picks, "stock not available for shorting"... BBBWWWAAAHHH !!!
Oh, one more thing, don't be afraid to take a small loss
or get out even... !! CASH is King!!
Pirate
P.S. I would rather have back those 800 shares of AOL
that I sold in late 1994!!! Last talley, $6.4 million!!
DOH ! <-- Homer Simpson
Who would ever thought, AOL was a bad service then, some
say they still are ... now..... <g>
So far, hasn't failed! |
