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

To: TFF who wrote (2353)	1/12/1998 6:55:00 PM
From: dpl	Respond to of 12617

>3) The desire to maintain control of his/her own mind towards external events, and observe/react correctly to the short term emotional actions of others in the market. < The key word here is "react"

To: TFF who wrote (2353)	1/12/1998 8:39:00 PM
From: Richard Estes	Read Replies (3) \| Respond to of 12617

I thought that applied to any trader that does not take the title of investor. You mentioned a business or profit plan. I suppose you mean: say 3 points a week and if you fail to do it. the shortfall is added to the next week. At what point should a daytrader, give up the ship due to goal shortfalls? I notice Cooper says 10 points is his goal but he doesn't daytrade. What do you think the 1000 share daytrader should expect? How many loosing trades should he plan for?