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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (53025)7/27/1999 1:12:00 PM
From: Scrumpy  Read Replies (1) | Respond to of 120523
 
OJ, several have conceded they're "learning". God bless 'em. It's tough for new traders who have been saving up in the hopes of "trading their way to financial freedom" and then see correction and not know what to do.

I think more of us should emphasize the concept of CUTTING THOSE LOSSES and becoming more comfortable with shorting. Six or several people mentioned they were sitting on this or that "hoping for a rebound". For the lurkers/passive browsers out there:

1) CUT 'EM LOOSE
2) ATTEMPT FOR THE UPTICK
3) RIDE 'EM DOWN A BIT
4) DON'T GET GREEDY!
5) COVER

Happy Trading,
Scrumpy