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 : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TechTrader42 who wrote (31840)	3/8/2002 11:49:37 AM
From: Chris	Respond to of 52237

10:42 ET Sun Microsystems schedules conference call (SUNW) 9.87 +1.04: Co will hold a conference call today at 1:00 PM ET (call-in number: 888-276-9998); the purpose of the call was not disclosed in the press release.

To: TechTrader42 who wrote (31840)	3/8/2002 12:04:47 PM
From: Terry Whitman	Read Replies (2) \| Respond to of 52237

What hangs up most people- and it has happened to me too- is hindsight. You'll never make the right decision by looking at the recent past- because the recent past has very little to do with the future. In fact, it's often the opposite- A very good year is often followed by a very bad one, and vice versa. We had 2 bad years in a row- they should be followed by 2 pretty good years in most cases. Unfortunately, to the detriment of most individual investors- two bad years in a row just convince them even more that there will be another bad one. It's all in their heads. The polar opposite happens after 2 great years. The majority is convinced that the market will keep going up- that's what we saw in late 2000- everyone kept buying, all the way down, because they just 'knew' the market was going to have another good year. So far this case looks normal. Bear market was over last September. I've been making good money on the long side since then. New lows are a looong way down from here, new highs are being seen by literally hundreds of stocks daily. I'm sorry- IMO there is simply NO good technical case for this being a cyclical bear market here. The only arguments are logical ones- and logic and the markets are like oil and water..

To: TechTrader42 who wrote (31840)	3/8/2002 12:06:16 PM
From: Chris	Read Replies (2) \| Respond to of 52237

things to do after a trade (exited position) is done: 1) how was my entry? 2) how was my exit? 3) how was my risk? 4) how was my initial analysis: was my tgt hit? 5) how much drawdown? 6) if i was wrong, what went wrong? 7) was the market helping me (trade with the trend) 8) was i trading based on news? FA? TA? emotions? 9) how was volume? 10) if exited, how was my stops? Stops too close/too wide? 11) Were intraday charts helpful or distraction? Were weekly charts confirming the move? DO THIS ON EVERY TRADE. AFTER ONE YEAR OF TRADING, YOU WILL BE A BETTER TRADER. TAKE NOTES, MAKE A TRADE LOG.