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Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST

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To: ruscoop who wrote ()4/29/1999 8:35:00 AM
From: AugustWest  Read Replies (4) of 10027
 
I can add two cents to this thought.

Something I learned the very hard way, and try even harder not to repeat.

Careful if you are investing with margined capitol. I rarely hold a margin balanced position over night.

For day trading, I'll push it real hard at times, but always get that down to something I could write a check for the next day if need be(which is not much) or at least not place myself in a position where I might be forced to sell if things turn sour fast.

That's the surest way I know to be forced out of a position. And then when it bottoms, you have no money to hop back in.

I figure everyone here knows this, but never hurts to be mentioned again.
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