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Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!! -- Ignore unavailable to you. Want to Upgrade?

To: LPasko who wrote (22)	12/7/1997 11:20:00 AM
From: Tim Luke	Read Replies (3) \| Respond to of 1100

The best way to play the market ( as a day trader ) is to: 1. Never get greedy 2.I never buy less then 1,000 shares and if I can get out even on 1/8 I will.(1,000 x 1/8 = $125..minus com. Total $29 gives you a $96 profit in minutes. You can do this several times a day. 3. Never hold overnight if at all possible. 4. If you get caught and the stock starts to drop you should consider taking the loss and sell its part of the game. It's better to take a loss then get stuck holding a stock. 5. Trade stocks will high volume. 6. Always look at the stock with the biggest % down (nasdaq is my favorite) before the end of the day. Its a good way to pick up a dead cat bounce within the first 30min. of the market. I could go on and on it is kind of an art to day trading. Be careful, TL