A.B. WATLEY - THE ULTIMATE TRADER! Message Board

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Non-Tech : A.B. WATLEY - THE ULTIMATE TRADER!

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To: Jenna who wrote (1244)	5/8/1999 2:43:00 PM
From: backman	Read Replies (1) of 2045

Jenna: Not that you are wanting for accolades, but BRAVO!!! i've had to skip the inheritance part, but you've been reading my CV, it appears consider including: 1) try daytrading...once you think you know what you're doing, after reading lots of books and doing both paper and online simulation trading, set a loss limit...if you lose 5% of your total trading capital, it's not the market....you're just not cut out for it (I'm not cut-out for it) 2) master your trading rules....if you set "mental stops" and continually ignore because "it's not a really a loss until I sell", go back to the beginning 3) have lots of trading strategies to choose from....if nothing appears on the first 5, go to your 2nd tier of alternatives....there are lots of ways to make money...really as always, your insights are appreciated david

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