Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (9817)	3/24/2001 6:29:40 PM
From: JamesB	Respond to of 11130

Let me tell you Lance, you can't be nearly as glad as I am that he got through to me. There is an irony to this story that is best left for him to tell. There are some folks out there who jump on their horse and go riding off in all directions, and it seems to work for them, but they are few and far between. Minimizing losses and maximizing gains sounds great, but is hard to achieve in the real world. I will settle for minimizing losses and making decent gains (gains enough to overcome losses with a profit) any time. Like everyone, I just would like to see more opportunities to do that. Maybe the naz will continue to provide the volatility we need to make money going both ways for a while. Hope so.

To: LANCE B who wrote (9817)	3/24/2001 7:03:41 PM
From: Sprintcar	Read Replies (2) \| Respond to of 11130

This game is not rocket science, it's not at all that complicated. Some of the problems lie with individuals that feel they MUST trade everyday, even when the market is basically crap. Amazes me how complicated some people make this. Follow the momo, when volume slows, and level II turns get out. Let the home run find you, don't look for the home run. Greed, and some people making a lot of money in past bull markets had them change their lifestyles now they are finding out, ut oh, what am I going to do. Each individual must cater their trading to their particular situations. Some buy a stock, it goes down,they move it to a POS pile and let it sit there until it appreciates again, well, that's fine if that particular individual has enough capital and can afford it. Some buy a stock, the stock depreciates, they average down, well that's fine too if they have enough capital to afford it. Some buy a stock, it depreciates, they sell it and move on. ....NEXT.... The idea is to always keep the capital working. The free share issue IMO is some BS someone made up a long time ago. Now tell me, I have no cost shares, I let that cash sit there, and sit there, and sit there, it then depreciates, oh free shares. Well IMO it's better to take that cash and make it work for you, rather than have it depreciate or sit dead. There is no one right trading strategy, each must decide what is right for them, and change their trading patterns as the market, the mm's, and volume dictate. Regards sprintcar