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To: steve goldman who wrote (1417)	12/4/1997 11:04:00 AM
From: Robert Graham	Respond to of 12617

Graham - we should call him professor graham... So, I get your vote too for that "most verbose" award? ;) I would hope I have more "real world" experience than many of those professors out there. But I do appreciate the compliment. It is just that there appears to be so many that go "half cocked" by not seeing really the obvious and simple. They let "noise" get in their way. And then there are some of those "half baked" statements from some anlysts who are probably making $100K per year. Perhpas it would be different if they were risking their own money. Now executing a trade successfully is not simple. But the underlying concepts IMO are. But then this may be one reason that very few indeed succeed. As far as day trading goes, it is so obvious to me why the trader for this type of trading would choose to make as one of their prime rules not to hold a position overnight. But then, that does not mean I am correct. That is for people like you to decide and comment on. Now if anyone does not agree with what I have said, please so not hesitate to comment. This is one way that I learn. I am far from being an expert. Sometimes I feel that I am still learning to walk in my efforts in trading and investing. And the stock market IMO is a life long learning experience. Bob Graham

To: steve goldman who wrote (1417)	12/4/1997 11:06:00 AM
From: Don Green	Respond to of 12617

Pretty Long Winded! Is there a competition on who can write the most! Steve, you even posted this on two sites.. Trying to crash the server...You seem to have a lot of time for a busy trader... I trade from home and don't have enough time to respond to all. Well, based on your portfolio you posted a few days ago..mutual funds? I was really surprised.. I never knew a trader who owned mutual funds.. Also have never know anyone become a millionare investing in mutual funds.. Based on your job description, you are like an Indy race car driver who personally drives a station wagon with automatic transmission..? A real contradiction? As for Experience I am talking about personal not working for someone else. This is not intended a challenge.. Just a short reply.. I glad you are here to respond to all, I was overwhelmed in just the few I tried to respond to yesterday. Please continue, to advise, but don't challenge me, because not one would win.. Steve..I am not a PRO, I am just successful. Sorry, Irby this is your thread...I didn't mean to abuse it... Regards Don

To: steve goldman who wrote (1417)	12/4/1997 12:42:00 PM
From: TFF	Read Replies (3) \| Respond to of 12617

Steve: >>>> Please don't ever get overly confident about your experience relative to others when it seems you trade a limited number of stocks per day. Sure you have done well, but was it you or was it dell? I think what Don is trying to point out is the differences between the abillity to use different execution systems to get better fills vs the ability to time entry and exit points to trade profitably. Let's face it, the key in the long run to trading effectively is the timing of the trade, not the execution of the trade (although it obviously helps) For example: If I get a fill 1/8 below what I intended but the stock tanks afterwards that better fill doesn't mean much.