SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Net2Phone Inc-(NTOP) -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Sutton who wrote (810)10/10/1999 3:14:00 PM
From: AGORA  Respond to of 1556
 
Jeff, daytrading any company is a challenge. In our opinion, the necessary weapons of a day trader are fast equipment. Anyone trying to day trade using a regular on-line broker is at a severe disadvantage. As you request "tips" you might find the following to be helpful:

agoracom.com

With respect to NTOP, it appears to be at a short-term low period. Definite support at 50+ with resistance at upper 50's. As such, you may want to buy and hold until it breaks one of these two points. Cut your losses at 48 or add and ride at 62-63.

Regards,
AGORA
agoracom.com



To: Jeff Sutton who wrote (810)10/11/1999 6:04:00 PM
From: Duane E. Werth  Read Replies (1) | Respond to of 1556
 
I don't "day trade" , but I consider NTOP a short term trade. I mistakenly held this stock as it passed 80. My "30% gain-sell" rule was not followed due to greed and avarice.

AGORA "www.agora.com/mistakes.html" site has good advise. Evidence has shown that day traders, on average do better at the crap tables in Atlantic City (which is notorious for ripping off players).

Altho, when I trade, i use DATEK. My trades go through in seconds. They have also been rated in the top three of on-line trading companies. And at $10 a trade I get to keep a little extra for my next bottle of scotch.