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


To: Richard Estes who wrote (945)6/17/1999 10:30:00 PM
From: Eric P  Respond to of 18137
 
Excellent advice. I like it when I hear similar suggestions from a wide variety of people. It reinforces how important these issues are.

I particularly like to see people stress risk management and developing a strategy (or 'game plan') for their trading. If you 'wing it' on impulse you will lose. Also, even if you have a successful or profitable strategy, if you don't use proper risk management => you will still lose.

Thanks for the great post.
-Eric



To: Richard Estes who wrote (945)6/17/1999 10:38:00 PM
From: JavaAdict  Read Replies (2) | Respond to of 18137
 
I am earning a lot of respect for many of you. Thank you for your patience and diligence. I am a long way from full-time. Besides, I like my job. I do have some goals I hope to achieve very early. However, at this point, I've made just about every mistake possible. I feel like I have learned quite a bit, but, I am still feeling a little helpless and hopeless. There seem so many options, but I have gotten cynical about investing because I feel there is so much manipulation in the market, and I am out of the loop. So, even with all of your great advice, I am still sitting here without a clue where to start (besides reading the book 5 times) as far as a stock. For example, I feel that EGRP still has very solid potential for a plethora of reasons that are solid. But, again, I feel like it is also a stock that is controlled by the mood of someone that I don't know!! lol So, what do you say to that? By the way, if you get tired of answering all my questions, feel free to hurt my feelings or ignore..........