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To: TFF who wrote (1713)12/10/1997 3:40:00 PM
From: xstuckey  Read Replies (2) | Respond to of 12617
 
"Trading is a business designed to create capital."

Hi irby,

If I were in your position, I would have the following two problems:

#1. Using right now as an example to which we can all relate, suppose I correctly shorted Intel yesterday, but now my other 20 stocks are being pounded and I am being handed my hat by the market. Laying aside the distraction, I feel like I have no control over my financial future in the truest sense.

#2, and possibly more important, I can only reasonably expect to make
a certain % return on these 20 stocks. If I can generate a considerably greater return from my trading, why should I put any money in a the lesser returning vehicle? This is sort of like using the money to invest in your own company first. And if I can't generate a considerably greater return, why trade ? Maybe I should go back to a day job.

Now, obviously this does not apply to those who are learning, etc.

As near as I can summarise, this is the thought process I went through to decide I didn't want a "long term" portfolio.

Best Trading, X