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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (16356)6/7/1999 8:11:00 PM
From: HairBall  Read Replies (2) | Respond to of 99985
 
Options Jerry: One last thing or two or three...don't try to get rich on individual trades. Of course if it happens...great, but work at building your fortune, one trade at a time. They will add up...<g>

Remember you (at least I hope not) would not walk into a Vegas casino and bet your entire stash on the very first bet...think about it...<g> And, keep your trades manageable. Too many positions at the same time will dilute your focus and slow down your execution.

Regards,
LG



To: Jerry Olson who wrote (16356)6/8/1999 6:50:00 AM
From: bearshark  Read Replies (1) | Respond to of 99985
 
OJ:

This market is a blessing for all traders--position or day. There is so much liquidity and so many individual traders it keeps the entire market buoyant. For this reason, I never want to see a true bear market again.

Many people mock the novice trader, internet stocks, bubble, overvaluation, etc. However, these all have contributed to the current opportunity. In this market there is always a tomorrow. In a real bear market, no one wants to see tomorrow.

Long live the bull. (As long as it is willing to give me a pound of flesh now and then.)