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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Probart who wrote (47576)	12/10/1999 11:16:00 AM
From: Land Shark	Read Replies (1) \| Respond to of 122087

YES, I've done a day trade, but, 75-90% of my short trades are held for 1-2 weeks or more. My longs are held for 1-5 years. I may get stopped out of positions and that may end up being just a day trade. By habit, I like to hold for longer than a day because the returns are bigger. I find the fewer times I trade a given stock, the bigger my profits are. Stopping out sometimes just results in covering at the peak. So I like to avoid that too. Averaging up works better in that case, as long as the margin holds up.