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

To: Matthew L. Jones who wrote (5341)	11/11/1999 9:37:00 PM
From: TraderAlan	Read Replies (3) \| Respond to of 18137

Matt, Today was an odd trading day. Just as many big losers as big winners. I didn't realize the bond market was closed until I read the news later. Thought that 6.09% was just showing a low volatility day <g>. Alan

To: Matthew L. Jones who wrote (5341)	11/11/1999 10:10:00 PM
From: cloudless	Read Replies (2) \| Respond to of 18137

Matt - thanks for the input. I've been trading in timeframes of 2 - 14 days primarily. My biggest goal at this point is to just not lose money <g>. I'm on the basics. I took a class in Chicago on options (after losing money based on just reading a book) and have used the conservative strategy of writing puts/writing calls with success. I've been swing trading some technology stocks (wireless/broadband) and overall have been in the black on those trades. Buying calls doesn't seem to work well - or I don't know how to work it - LOL. It seems like a 2% stop loss would stop you out almost immediately??? Although I like the idea of less money at risk. On a $100 stock that's only $2 swing which would seem really easy for a stock to hit. Like RNWK - recently they traded between 110 and 97 over just a couple of days before starting the march up to 139 ish. Any additional input on this is much appreciated. Thanks, Cloudless