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To: dunlurkin who wrote (1391)12/3/1997 11:33:00 PM
From: Don Green  Read Replies (1) | Respond to of 12617
 
One Point a trade! 1000 shares = $1000 a day..

Unless the market and or stock is moving up quickly then let it ride for a time..

Don't be greedy...

Don



To: dunlurkin who wrote (1391)12/3/1997 11:39:00 PM
From: TFF  Respond to of 12617
 
Wilson: I tend to take on concentrated positions but will kick the stock out if it goes down 2%.

Usually I know very quickly into the trade whether I am right or wrong.This would be an intuitive decision based on experience.
Often times I will blow out the position before it is down 2% and move on. For the daytrader, TIME is a very valuable commodity.


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