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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: 52387674 who wrote (31874)6/14/2000 12:18:00 AM
From: IndexTrader  Read Replies (1) | Respond to of 50167
 
52387674

GZ is a trader and a mighty good one. The ability to change his mind (and his trades) quickly and nimbly is essential to good trading.
P.S. Easy on the caps....



To: 52387674 who wrote (31874)6/14/2000 4:14:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 50167
 
Whoa!!!!! Is there something I said that upset you? You seem angry and upset... why? There's no benefit to that... why should you, or anyone, be angry and upset if I follow and trade these markets in both directions? I don't tell these markets what to do, I only follow them... but it's all very simple, on Monday I sold out of my SP contracts and stayed short the calls with the full expectation that these markets were about to fall into a black hole... why does it bother you that I re-entered my long contract positions when yesterday's rally began? I made money in my short calls on Monday and in the long contracts on Tuesday... did I do something wrong? I'm happy... you should be happy too, and not worry so much...

BTW, when trading the SP's, within a 12 hour period I may move in both directions many times, maybe even 720 degrees... my best advice to you is never fall in love with any market position, take your money off the table every now and then, and follow the markets, don't lead them..... remember, be happy and be grateful for whatever the markets give you, these markets are not your friend, this is a hard ball business, your playing this game against specialists and professionals that will bid you up and dump you out if your not careful..... so, when trading these markets be careful, be deliberate, and act accordingly.....

My Warmest Regards,

GZ