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

To: Mark Davis who wrote (5171)	11/3/1999 8:55:00 PM
From: Dave O.	Respond to of 18137

< I'm hearing a lot of talk on how easy this game is all of a sudden > IMO the reason is that most traders seem so much more comfortable on the long side. My money the past 2 days has been made on the short side and rather easily going after the overextended ones. Those that worry or complain about "lost" profits, by exiting too early the past couple days, probably need to examine their exit criteria. If it met ones criteria and they sold and made money I see no reason for them to look back and say "gee, I should have held on". Secong guessing seems to imply no specific financial objective. Dave

To: Mark Davis who wrote (5171)	11/3/1999 9:46:00 PM
From: Threei	Respond to of 18137

I'm hearing a lot of talk on how easy this game is all of a sudden. Wait a few moments, it will get hard again soon enough. Oh yes, it was the same just 1 year ago... remember those incredible runs around Thanksgiving? Plenty of new traders appeared, telling the great stories about getting 50 point runs in a few days and giving up their day job because "there is such great and easy way to make money". Well, it's not like many of them survived this year... Vadym