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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: thestockrider who wrote (9117)5/8/2001 9:52:26 PM
From: Paul A  Respond to of 19633
 
I dunno what Ill be doing.. I daytraded full time for about a year, but it was a roller coaster.. rich one day, poor the next.. Just didnt have my game plan down yet so I decided to find a job with hours that allow me to trade in the morning and at 3pm-4, and let me take some time to get the emotions worked out.. but one thing thats nice about a full time job and that is benefits and 401k..

Daytrading is really rough, and I doubt I could do it full time ever again.. If I ever decided to try and rely on the markets for a living, I would probably do all position trades spread over alot of different stocks of course, and maybe limit myself to maybe 2 trading days a month.. Theres always those days that some over reaction cant be ignored and you can make huge returns without risking much at all.. so I will always jump in on a trade, but my problem also is I get very pissed when something silly happens like I get stopped out at the very low of the day, only to see it explode upwards at the close.. so I always have to be careful of my demons..

I covered HOMS today..I just dont like it.. piece of *@#^