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Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: Steeliejim who wrote (10018)	8/25/1999 5:33:00 PM
From: Dale Baker	Respond to of 118717

I don't really track the position holds versus day trades; I would have to scratch my head to think up a good way to do it. Right now, I am daytrading more and finding close to 50-50 win-loss on trades, but I am coming out 2-1 ahead in cash terms by limiting losses. So it's a profitable undertaking as long as I stay on my toes. Another hard to compare element is $$$ involved. I never daytrade more than a third of my total portfolio worth (using margin). Too many apples and oranges to say which is better. With the market in a summer slump I don't expect my 50% Gains portfolio to do much except survive for now. I am not buying GRIN and NTOP for long-term holds. Haven't even traded 'em much lately. These mo-mo runners will be great shorts soon.