SI
SI
discoversearch

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.
Pastimes : QQQ & DIA - chat & chart -- Ignore unavailable to you. Want to Upgrade?


To: Jon Khymn who wrote (158)10/17/2001 2:51:27 AM
From: Jon Khymn  Read Replies (1) | Respond to of 795
 
One important quality I picked up this year,
... being able to wait for the right moment.

Looking back this year, there were at least 3 times that great oppotunity came along which gave me "firm confidence"

I'm definitely not a micro person but a macro minded dude.
So forget day trading or even week trading.
Feel about 4 times a year trading would be ideal.
Holding period shouldn't be matter that much, few days to few months...

1. Try to limit 4 trades per year (round trip)
2. Each trade to gain of 25% to 100% (100 to 200% yearly return)
3. Learn to wait,... no need to look at the chart everyday,
you must wait, wait, wait for the right time...



To: Jon Khymn who wrote (158)10/27/2001 1:54:12 AM
From: Jon Khymn  Read Replies (1) | Respond to of 795
 
Today had chance to short QQQ in 36s and 37s.
Hope it reaches near 40...

if Q sinks below 30, will have another chance to grab few stocks.

watching now,

ALAO 7
JDSU 8
WCOM 13
PMCS 17
NTAP 13
SEBL 18