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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: the Chief who wrote (22632)	10/20/1999 9:26:00 AM
From: The Devil Dog	Read Replies (1) \| Respond to of 62348

Well now to decide whether to cover RIM short right away or wait. The stock is still weak, CCOR short looks like its still gonna make me some dough. WB

To: the Chief who wrote (22632)	10/20/1999 9:27:00 AM
From: Buckey	Respond to of 62348

Chief - I agree STOPS STOPS IT is all about disciplined SELLING - STOPS to prevent losses from accumulating. Selling and taking profit when the time is right and not based on waiting for a gazillion bagger and living in the caymans - It aint gonn happen. Most of my mistakes are on the sell side - WE all make bad buys - If we realize it quickly and use the rules we can minimize the damage. A good buy is GREat if and only if it is followed by a good sell. A bad sell - waiting too long as greed sets in can completely offset all gains. I am not trading much as I am up to my ass in gators - I was up in 1999 until July hit and I had 13 consecutive sell orders for losses - Partially because I could noit be at the puter all day. Since I have two young children to feed and minimal cvapital I have deceided to curtail my trading until such a time as I can do it fulltime. I continue to learn every day ( read - mistakes) I rememberf 90% of my trades and I made 800 of them this year