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

To: TheKelster who wrote (6007)	12/12/1999 12:14:00 PM
From: ig	Respond to of 18137

Very, very nice, your post on cycles! ig

To: TheKelster who wrote (6007)	12/12/1999 3:03:00 PM
From: Steven Ivanyi	Respond to of 18137

Kelster: <<We live on the edge>> I absolutely loved your post. It rings so true. I have experienced your experiences. Your post actually came at a good time. I'm going through a "forced humbling period" myself, when I realized last week that my trading was getting careless again. Like you said "When we become successful, we quit doing the things that made us successful". So when that happens we have to re-discover what made us successful. Daytrading is probably the most pyschologically demanding profession there is. May the trade be with you Steven

To: TheKelster who wrote (6007)	12/12/1999 7:15:00 PM
From: KM	Respond to of 18137

Great post. I've been there, done that. After fooling around with momo picks, unfamiliar threads, etc., I've settled on trading my little basket of about thirty stocks over and over and over. I know their fundamentals, charts and in some cases, they have intraday patterns that repeat themselves day in and day out. I add new ones periodically after watching them trade for two or three weeks and learning all of the above. I've picked up a lot from Vadym's approach in fact. I like his philosophy of consistent smaller gains with lower stress and more safety. It's a lot less stressful. No giant home runs here but a nice steady income.