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Strategies & Market Trends : Trader J's Inner Circle
NVDA 177.51+0.7%3:59 PM EST

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To: Trader J who wrote (14590)5/13/1999 4:58:00 PM
From: Canuck Dave  Read Replies (1) of 56535
 
Thanks Jeff, but I think it's time to change my trading style.

I notice most of the people who make a living at trading often don't hold stocks for very long. Since I now have enough money to 'quit the day job' when my contract is up, it is time for me to consider capital preservation as much as capital appreciation.

I don't think I'll be holding stocks like ASTN through 30% dips any more. It was a gamble that paid off handsomely this time, but I probably won't be doing it again. I also won't be putting 80% of my money into one issue.

I'll probably stumble for a while now as I shift from 'investor/speculator' to 'trader' We'll see.

CD
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