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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Roderick who wrote (17183)6/18/1999 11:20:00 AM
From: the Chief  Read Replies (2) | Respond to of 62347
 
IGNORE IF BUSY....Philosophical statement follows..read at your own risk!!<ggg>
It is a daytrading strategy!! isolate your fears(or emotions) recognize them, then if you can not detach yourself from those emotions with a particular stock....avoid it! Don't spend endless hours trying to get past an emotional problem with one or two stocks, when there are thousands out there!!

Fear is an emotion, you can't afford not to control! Fear can stop you from jumping when you should. I control fear with a simple "yellow sticky...well four of them" that just say "STOP LIMIT". i know I can jump even if fearfull, and still minimize my loss!!

A COS buy at 6.15 would have guaranteed me .25c because they would never let the stock close below the open..so they could create momo on Monday.......25c is what i look for!

the Chief



To: Roderick who wrote (17183)6/18/1999 11:30:00 AM
From: New Economy  Read Replies (1) | Respond to of 62347
 
Emotions...stock market anlayst interviews always involve projects to pick a company and justify a buy for a stock and once you are presenting your arguments. They throw a loop and ask why you think the stock is a sell...just to test whether you are emotionally attached to the stock or not.