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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?


To: TsioKawe who wrote (6270)7/25/2000 3:01:58 PM
From: KevinMark  Read Replies (3) | Respond to of 24256
 
TSIO...I got my clocked cleaned on that POS too. Even bought more @ 9/16 and held only to sell that too at a loss when I had a $200 gain. Today has not been my day.



To: TsioKawe who wrote (6270)7/25/2000 7:40:58 PM
From: If only I'd held  Respond to of 24256
 
I prey that you will take your losses lightly and keep the faith. When you return, please play in moderation and consider joining me for a slightly safer approach to making money in the market. No, you may not make a quick kill, but you will not likely be quickly killed either. Get out and make some trading capital, and check us out when you return. Best of luck to you...you are joy to read. Investing is a tough gamble, but playing when the odds are not stacked in your favor is a sure fire way to get taken to the cleaners. Bear Stearns has a crummy reputation. Therefore, the odds were not in your favor. I can see how it would have wiped you out if you margined it on the open. Next time, you will NOT use margin except for fast trades, and you WILL stop out of those trades quickly and efficiently.