Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 184.77

-0.2%

10:50 AM EST

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To: R L who wrote (14486)	5/12/1999 11:01:00 AM
From: D. K. G.	Read Replies (1) of 56537

RL thanks, got to take advantage of these news event sell offs as they generally lead to a snap back. It scary and going to cash for a trader looks attractive however when everyone's dumping on the panic that is when to buy. ABOV will most likely be my ST trade for the week , still fishing for CATT as a position. Let me just say I'm not a big ST trader (10%) the rest is buy and hold. I always play the best risk/reward I can for my ST/position trades (ABOV last week/neon on 4/30 respectively) one or two trades a week to cut down on transaction cost, slippage etc. A collorary(sp?) to Trader J's maxim of protecting your capital by cutting losses quickly is to trade the most favorable risk/reward you find for the return on investment of your capital. dkg

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