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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: ColleenB who wrote (45738)	8/10/2001 7:19:29 PM
From: Canuck Dave	Read Replies (2) \| Respond to of 56532

True, but as traders we can still make money in various ways. They say it takes 5 years to become a good trader. I've been at it for 3 now. When the Nasdaq hit 1600 in April, I was in a bearish mind set and failed to see it was a tradable bottom. As the markets dropped the last 18 months, I also tried to be cute and pick diamonds from the glass, and gold from the pyrite, LOL. Cost me quite a few bucks before I smartened up and cut the losses. It's a wonderful game, but it changes. I've also come to realize how very, very lucky I was.I guess in 6 months, we'll all say "The signs were all there, but we didn't recognize them". Then again, Nasdaq could drift like Dow has last 2 1/2 years. Which way are you leaning? CD