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To: lee kramer who wrote (75056)12/11/1999 7:58:00 PM
From: Mr. Big  Read Replies (2) | Respond to of 120523
 
Your right about margin and yes I have used margin over the years. I have to tell you that it only takes ONE really bad day to realize how dangerous a margin account can be. Until you lose control and are forced to sell positions, at the absolute worst time <I have experience here and never want to see that day again>, you realize how quickly you can lose money when using margin.

Placing stops and limiting losses (selling in general) are the toughest traits to learn and probably the most important skills to a succesful trading career.

Happy trading Lee!

Big