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

To: beckya who wrote (7587)	3/28/2000 5:33:00 PM
From: Threei	Respond to of 18137

Beckya, I'd like to address you to my post on this matter. It's written in November and I still stick to conclusions I made back then :)http://www.siliconinvestor.com/readmsg.aspx?msgid=12023887 Also, review thread summary if you didn't yet - vast of great info there. Regards, Vadym

To: beckya who wrote (7587)	3/28/2000 7:05:00 PM
From: Eric P	Respond to of 18137

Becky: I'm wondering if experienced daytraders (those who survive and make a living, or retain trading capital) could address the two or three most important lessons they've learned in developing their skills? I am certain that there are numerous new ideas and answers that have yet to be discussed regarding your question. As Vadym pointed out, you might also check out the thread summary at #subject-28776, in case you haven't already seen it. Hopefully, others will add more good information to what has already been posted. Quoting from the last thread summary post, you might want to check out some of the following posts: School of Hard Knocks - A Traders Path to Profitability #reply-10040288 (Eric) #reply-10054225 (TLC) #reply-10532627 (TheKelster) #reply-11775325, #reply-11832842 (Michael Friensen) #reply-12172900 (Steven Ivanyi) Guidance to a New Daytrader #reply-10232948 (A New Trader Gets Started - Mike Landmeier) #reply-10233302 (Richard St) #reply-10233631 (Steve) #reply-10233926 (Carl) #reply-10234146 (Eric) #reply-10553890 (Surviving the Game - Alan) #reply-10603002 (TheKelster) #reply-10804555 (Advice to a New Daytrader - Eric) #reply-10870479 (Introduction to Daytrading - Carl) #reply-10917167 (How to Read the Market Direction - Steve) #reply-11201874 (Explanation of Real Tick III platform - Eric) #reply-11482627 (funk) Risk Management #reply-9989712 (Carl) #reply-10042900 (Loser's Spiral - Steve) #reply-10058470 (Break Even Stop - Steve) #reply-10059706 (Exit Strategy - Rocky) #reply-10831665 (Stops - TheKelster) #reply-11237855 (Stops - Vadym) #reply-10967341 (Theresa) #reply-11030909 (Carl) Mental Aspects of Trading #reply-10193566 (4 Requirements, most important => Balanced Life - The Kelster) #reply-10605291 (Patience - Eric) #reply-10613628 (Patience - David Lind) #reply-10164404 (Independent Thinking - Richard Estes) #reply-11700740 (Proper Mental State for Trading - Cormac) (*) #reply-12023887 (Lessons from a Seasoned Pro - Vadym) Others Keys/Rules for Success #reply-9992489 (Market Wizards - Eric) #reply-9991432 (Nine trading keys - Sam) #reply-9993114 (50 Rules - Silicon Trader) #reply-6329480 (Rules of Daytrading - TLC) #reply-10004147 (10 rules - Dave Carrol) #reply-10028398 (Equity curve - Steve) #reply-10059229 (9 Rules - LG) #reply-10063074 (2 Rules - SteveJersey) #reply-10115700 (Good Trades, Bad Trades. Winning Trades, Losing Trades - Eric) #reply-10168748 (Keys to Success - Richard Estes) #reply-10169634 (Trading Advice - Theresa) #reply-11181814 (Great Quotes from Great Books - OZ) #reply-11688667 (Robert Graham) #reply-11786474 (Trading Truisms - Richard Estes) Trading Mistakes to Avoid** #reply-9993111 (Chat Rooms - Sam) #reply-11003510 (Chat Rooms - Mark Davis) #reply-10120250 (Buying Pump and Dump Stocks - A Certain Path to Ruin - Eric) #reply-10136266 (Pump and Dump - Carl) #reply-10340565 (IPO?s - Robert Brooks) #reply-10342354 (Letting daytrades become 'investments' - Dave) #reply-10342718 (Interpreting News Items - Keith) #reply-10344322 (Buying Extended Stocks - Paul) #reply-11160240 (Beginners DayTrading Mistakes - TLC) #reply-11743861 (Averaging Down - Eric) #reply-11744964 (Averaging Down - Carl) #reply-11780889 (Impatience - Eric) Welcome to the thread and good luck, -Eric

To: beckya who wrote (7587)	4/2/2000 1:58:00 PM
From: Trader J	Respond to of 18137

Becky: There are so many rules and disciplines that must be followed to become, and stay, successful. Limiting it to three is very difficult. On any day, my main three may change but today they would be: 1) Always have a goal with each trade, and stick to it. 2) Always learn form each mistake or success 3) Keep greed in check by knowing your limits and maintaining perspective. I run the Inner Circle thread here on SI and everyone there is always welling to help new traders. Additionally, we have also set up tigerinvestor.com. There are many many articles there to help new traders. Most of them are in the "Archives", you can find the link to the archives below the current articles. Good luck. tJ J