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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (54643)8/20/1999 10:29:00 PM
From: ROI50  Read Replies (1) | Respond to of 90042
 
Tim what is up with the riffraff of Wilbur and Burger? I admire your tolerance.



To: Tim Luke who wrote (54643)8/21/1999 11:44:00 AM
From: ok1day  Read Replies (1) | Respond to of 90042
 
tim...

As much as I am tempted to jump in on one of your daytrade picks, I promised myself that I must be able to find some indicator as to when and if to jump into the stock. I can no longer blindly just jump in as you used to always say..."don't just follow because I picked them always do your own DD". In a daytrade it is hard to do much DD, but easier to use certain indicators. The stocks that you pick, you have followed for a while, but are new to me. If I were to play them as a daytrade, I would need to find some sort of indicator as to when they hit bottom, or if they have reached their high. That of course is the hardest to learn....
It is of course much easier just to follow you, and I am sure I will make money, but will certainly never learn that way.
You undoubtedly are a very good and successful trader and have given me, since I met you invaluable advice on becoming a good trader. I am sure you can realize that part of my post is a result of what you had said to me a long time ago and I thank you for that. I since, have also been encouraged to learn to use TA as an important resource to trading, plus reading of books will hopefully make me a better trader in the long run......

As always, I have a lot more to learn....

Have a great weekend, and Good Trading....

Thanks...

Ossnat