Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (895)	6/17/1999 3:20:00 AM
From: Tae Spam Kim	Read Replies (2) \| Respond to of 18137

Paper Trading and Real Tradings are worlds apart. Having emotional self-control and discipline when real money is on the line is critical for trading success. That is something paper-trading doesn't help you with. Moreover on fast moving equities, paper-trading won't give a true sense of what kind of fills you would of gotten.

To: Bilow who wrote (895)	6/17/1999 6:44:00 AM
From: Eric P	Read Replies (1) \| Respond to of 18137

Carl: Great posts on paper trading. I'll add them to the thread summary. In addition: I have seen this repeatedly with beginning traders. In fact, I ought to type up a list of "losers I have known," a list of the typical trading types that come in and blow through an account. I think this would be very useful to many people. Kind of like a "Market Wizards" book in reverse. Perhaps you could call in "Characteristics of a Losing Trader"! Anyway, if you get a chance, I think a first hand description of the 'losers you have known' would be very educational. -Eric