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To: At_The_Ask who wrote (29130)1/23/2002 11:52:27 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 209892
 
well, that's mostly a question of style...i'm more long term oriented now, which is actually the result of an evolution - i used to do lots of short term trades at one point, and still occasionally dabble in that area. but generally i prefer the less stressful position trading approach, especially in this case. both approaches involve temporary setbacks, but the latter involves a lot less decision-making, which gives one more time to absorb pertinent information. the patience angle has been the advice of such past sages as Livermore and Baruch...so i'm in good company regarding that. :)