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 : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Darth Trader who wrote (1585)	12/7/1997 11:49:00 AM
From: Robert Graham	Read Replies (1) \| Respond to of 12617

If that was true, she would not of been caught "with her hands in the cookie jar" loaded up with options at the time of the market correction. I think you are confusing timing your entry and exits in a stock with market timing. They are related and both are important, but these are different concepts. And with trading in particular, as Jenna has found out the hard way, being on the wrong side of the market can kill you. I will add here that she has also not demonstrated very good money management skills. This is also just as important as stock picking and timing in order to successfully manage the risk that is there in the market. The good players may not be able to predict when their stock pick is going to fall, but they always manage to get themselves out in time before any significant capital is lost. This allows the trader to be around to play another day, even after market corrections. But I do believe Jenna is smart and willing to stick with it. So I have no doubt that in the future she will learn the necissary market timing and money management skills. But to open up a stock trading service when she does not have these very fundamental trading skills firmly under her belt?? Bob Graham