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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (39507)4/14/1998 7:57:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 58727
 
Let me tell you something.

Yeah okay I know you heard the stories about how I had to walk to school up hill in a snowstorm both ways.

But this is an environment where players will lose money a lot, and early in the experience. I cannot say you will make money over time. But losing it early is part of it. Do you play cards? When you got killed early it was an investment. A way to decide where the shills were. You just got suckered in, the right play is to back off and wait for the proper entry.

Why not take it easy, back off a bit, ignore the gurus, and do what feels right? There's a place for you here man, you just have to find it.

But above all, relax. All this is, is a high stakes poker game.

I kinda think it's fun, myself. I must admit, I absolutely love daytrading the spoos. I tried but I cannot understand why people would position trade this.