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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (72782)	11/15/1999 7:23:00 PM
From: dpg48	Read Replies (2) \| Respond to of 90042

had to work this am and still here. i thinks that what ever makes $$$$ is the best way to trade. if people are a little like me I HAVE NO PATIENCE !!! thats the problem with long term plays. would love to day trade. but have to work until the $$$$ is there and my trading skills are good enough i belive that doing this for a full time living can cause a person stress knowing you have no paid leave,sick,holiday,vac,insurance and knowing you have to pay the bills with your trades to support a family the right state of mind would be critical dp

To: Tim Luke who wrote (72782)	11/15/1999 7:23:00 PM
From: Samuel Wayne Turner	Respond to of 90042

My job is so demanding that I can only position trade unless I happen to have the day off and can devote myself to the tape. I feel comfortable making position plays up to 50k or so, hence I can do like 500 or 600 shares of sape, for instance, as a possible trade. I could do larger trades but I am unwilling to put more than that in any one play where the shares or so expensive that you can only afford a modest amount. I dont mind loading up on a stock like pair or cs where I can hold thousands of shares but my downside risk is far more limited than a play like sape with 500 shares even though I actually would have more money in cs or pair.