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To: james who wrote (985)11/16/1997 12:12:00 AM
From: TFF  Respond to of 12617
 
James: There are some posts on the thread which deal with actual trades. The problem is describing a daytrade methodology well. Some traders use mechanical systems to trade. These would be simple enough to describe. Unfortunately describing intuitive daytrading is something that is very hard.

As I have said in previous posts it is more valuable for wannabe daytraders to actually experience trading themselves. I would say 95%
of my confidence in trading comes from real life trading experience!

I will certainly make an effort in the future to describe different trades which might help you understand the basic process of trading.

Cheers!



To: james who wrote (985)11/16/1997 6:00:00 PM
From: steve goldman  Read Replies (1) | Respond to of 12617
 
James....would be a great idea, unfortunately you will learn that most professionals dont give away their trades until they are done. They are more busy working the trade and making money than posting on the threads. 90% of the trades I work are for clients, which I would never discuss and the ones I work for myself, well, I am just too busy working them to deal with talking about them or strategies until the day is over.

Prudence would say that if someone is saying something good about a stock, then they are doing it for a reason. Try to figure out their reason and see if it is acceptable and if they are being honest and sincere. There are certain tradeoffs you have to be willing to make.

To be honest, even IRBY and myself and eveyrone else probably has a reason to spend our time posting on here. Maybe it is some sense of gratification, or other motivation. Thats allowable as long as you are honest, give sincere thought toyour posts, don't cheat, steal and provide some useful content.

Nonetheless, if you see some person posting their trading as its is happening, BE CAREFUL....day trading, swing trading, anykind of trading is simply too intense and demanding to be doing much else while it is happening. Sure, after the fact, things settle down, you might post or comment, or suggest, but not during.

regards,
steve@yamner.com