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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: TraderAlan who wrote (5166)	11/3/1999 6:26:00 PM
From: KM	Read Replies (7) \| Respond to of 18137

I've got a conundrum which is driving me crazy. If I don't work this out, you'll be seeing me on Jerry Springer soon mudwrestling with some trailer trash <G> Help! I repeat this mistake over and over. I keep buying well, really well, and selling for peanuts when there's a whole peanut farm to be had. For example, in the past few days: Bought RMBS 70 1/2 today, sold 74 3/4. Great but it went to 86! Monday, Bought JNIC 54 1/2, 55, 56 3/4 in the premarket. Sold all at 70, thought I had a great trade, but sheesh, it's 114 two days later! Today, shorted QCOM in the premarket at 250, covered for 2.5, but it was a nine point trade! Today, bought INPH at 27 3/4, sold 32 but it went to 36! I am horrible at exiting these momentum type stocks and leave disgusting amounts of money on the table. Can anyone give me their tips on riding these suckers to maximum advantage? Thanks.