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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: freeus who wrote (67)	12/9/1997 9:57:00 PM
From: Tim Luke	Read Replies (3) \| Respond to of 1100

Atleast you have the rigth idea, if I had a choice of making 300 today, bought and sold within the day or to hold overnight and "maybe" gain another 300 tomorrow. Well that is easy I will take my 300 and sleep well. You never know what can happen after that bell, I have a great example of how I put my greed in check. I 5000 shares of a company in the am and I was up 7/8 with a 1/2 hour to go. But instead of taking my 5000 dollar profit I went aganist the golden rule "never hold overnight" and held thinking to gain another point the next day. Well after the bell they reported there was a mistake on the earnings they reported and the stock opened the next day down 2 points. So my 5000 profit turned into a 5000 loss. Lesson learned!!!!!!!!