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To: darline cook who wrote (254)9/26/1999 9:08:00 PM
From: BWAC  Respond to of 406
 
Darline,

Sorry to chime in here. But I really feel the need regarding your message. The stock market IS NOT a get rich quick scheme. It can and will humble you. Long term trading success can only be achieved by following the principle of:
Maximize your opportunities for gains, while at the same time minimizing your risk. Its all about controlling the risk.

For instance: If one could on a regular daily basis generate trade profits of $500 a day by ONLY trading larger, well known, stable, established, profitable companies (Ex. FTU, WMT, DELL) .....then why on earth would one feel the need to assume the risks associated with ipo's and other sorts of get rich quick stocks?

All the L2 quotes, training classes, and advice in the world will not help you unless you control the risk.