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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?


To: onekema who wrote (10551)8/17/2000 9:29:29 PM
From: Sosmartinov  Read Replies (1) | Respond to of 49816
 
I try to post my losses as often as the gains on the assumption that there are people out there who are intimidated by their losses thinking only they would be so stupid. I use all my little gains to try to hit home runs. Most of the time I don't so I have to go back to the little shots. Still fun.



To: onekema who wrote (10551)8/17/2000 10:52:49 PM
From: Mike E.  Respond to of 49816
 
I've found that "learning" a group of 15 top stocks has been the key to my being a consistently winning trader, as Jeff said, emotion is out, the chart tells me what to do, and dicipline is paramount.

This is something I have been thinking of more and more lately. I know that there are a few stocks that I am somewhat familiar with and I usually do better trading these (I know I'm definitely more comfortable trading them).

I definitely think this method has merit. Possibly pick the leader in each sector (YHOO, CSCO, JDSU, MSFT, etc.) and study it daily to learn how it trades and pick entries and exits based on the chart. Long and short.

Good post.

Mike