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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: John NY who wrote (100456)	6/3/2000 12:02:00 AM
From: John NY	Respond to of 120523

At least I'm holding AMK. I actually did something in sync without thread access. I know all the picks from the thread and lists are good, I'm just not playing them right, yet. Before, I was wasting capital, lately I've been preserving capital and keeping tight stops with almost no gains, my next challenge is to loosen stops by having better confidence due to improved entries and start gaining more than loosing while hanging on to this lifestyle before falling back to the dreaded resume! -J.

To: John NY who wrote (100456)	6/3/2000 12:09:00 AM
From: AnnieO	Read Replies (1) \| Respond to of 120523

John..you sound like you are kind of down..you say "I traded just as poorly as any other day." One of the things I do when I make a bad trade (or a series of bad trades "gulp"...yup it happens to all of us) is to step back for a bit...just a bit...to evaluate what I did or did not do...It is a constant learning process. I step out if I am not "In the trading groove". There are times, when I find it is best for me, not to trade until I can get the "feel". This probably sounds very esoteric...but it is real...a relaxed, no pushing, no pulling of the stock...let it tell you what it is doing. Hang in there...there are some great traders on this thread.. WE are all constantly learning and helping each other.

To: John NY who wrote (100456)	6/3/2000 1:10:00 AM
From: RC Stein	Read Replies (1) \| Respond to of 120523

Hi John. I've had that same problem with the "server may be down" message myself. It is usually cleared up by killing my internet connection and signing back on again. Whats strange is that I can get onto some sites but not others, but starting a new connection usually cures the problem. I noticed in a later post you said you were having problems with your trades. I seem to do worse on these big up days than I do on a normal day. So many stocks are gaping up 8-10-12 percent in the first 5 mins of trading that I end up chasing them and get creamed before the day is over. I have helped the situation by tightening up my stops to 3-5 percent and sticking with them and by deciding at the end of the day which stocks to hold overnight. I know that as a rule it has been very dangerous to hold overnight, but many times thats the only way I have been able to catch the gap up the next morning. Lots of them are gaping up during the first few minutes to their high of the day and then going flat for the rest of the day, or going down as the day progresses.(I know I need to learn to short). I'm not sure there is a good answer to this problem considering the way the market is now, but hopefully we can get into a market where the decision to hold overnight won't be so hard to make. I still think that a one or two day hold is a better way to make money than in and out in the same day, but it's also more dangerous. Many times, I will just not trade rather than take a chance on chasing after some stock thats already up 5 or more percent for the day. Just some food for thought and to let you know you are not alone in this situation. Richard