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Strategies & Market Trends : Pristine Lite
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To: pristine who wrote (131)4/6/1999 3:26:00 PM
From: FRED KAYE  Read Replies (1) of 163
 
Oliver:
I attended your day seminar this past January in California and think I learned much. However, I still consider myself somewhat of a novice at daytrading. I've set a goal for myself to try to make a modest $350 per day in the market. However I only have about $6,000 to work with (which means $12,000 buying power on marginable stocks of course). Given these conditions, is there one particular trading technique that you would recommend to attempt to achieve this result? Do you think it is reasonable for me to attempt to attain this goal given my current circumstances? I am a subscriber to Pristine Lite and I know your results are often very good, but perhaps there is some research I could be doing on my own to seek out particular situations when I may be unable to trade the "Lite" pick either because of a high price range given my capital or simply because the stock doesn't enter the recommended trading zone. Your thoughts, suggestions and trading wisdom would be greatly appreciated. If my $350/day strategy could work out, I would be able to gradually build up my capital and go beyond I suppose, but for now I would be thrilled to be able to pull that much out of the market on average per day.

Thanks in advance for your time.

Fred
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