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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: LzzrdKing who wrote (3362)	12/12/1997 3:00:00 PM
From: VALUESPEC	Respond to of 7396

Bought a small amount of RECY @ 6.34. All this trading is part of my learning. I'm still not sure which meathod is ultimately better (hold unless great companies unless they go down vs pure very short-term trading). However, after Oct 27 awaking me to the asia problems, I don't want to be burnt a second time, so I'm hoping to buy when Another good thing about trading is that I have hardly any margin interest charges since I am often out by the end of the day or I'm using my cash. Also, I didn't realize that if you buy on margin but don't hold overnight you aren't charged interest, even though you used their money (I was told this. I did not confirm it for myself). Buying good small cap companies on low liquidity days seems like a great way to make money. So far, so good. Lizzard has certainly helped steer me in the right direction (I remember "investing" in SIII while Lizzard was trading). I saw the potential after that.