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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: musicguy who wrote (8731)	4/20/1998 10:37:00 AM
From: Deeber	Read Replies (2) \| Respond to of 34592

MG, On a momentum trade it is all about speed...in and out as fast as you can with a profit...it is hard to do without Level 2, and some brokers dont fill you in time, there are plenty of problems. I filled some at 2 1/8 but the rest at 3, so there is an example how you can get in early and still have a snag. Momentums are risky, you have to know when to get out for a loss, and never risk what you cannot stand to lose. People always smile when they make money, but cry when they lose. Not all are winners, gotta take it on the chin sometimes. It is like Vegas, you cant go there, lose $$, and get mad that you did. I have lost on a few, but made more on the winners. Good luck to you, and dont worry, in the end we all will make $$$. RG

To: musicguy who wrote (8731)	4/20/1998 10:39:00 AM
From: S.C. Barnard	Respond to of 34592

yeah, but it was free shit! as well as the other free cash in good ones, basically<gg>

To: musicguy who wrote (8731)	4/20/1998 10:44:00 AM
From: Big Dog	Read Replies (2) \| Respond to of 34592

So, why do you keep doing it. BIG DOG

To: musicguy who wrote (8731)	4/20/1998 10:45:00 AM
From: Bucky Katt	Respond to of 34592

MG--Maybe you need to just stick with your own picks. If you can't take the heat, get out of the kitchen.

To: musicguy who wrote (8731)	4/20/1998 10:51:00 AM
From: Matthew Cooper	Read Replies (3) \| Respond to of 34592

Cool your jets dude. I know it sucks to loose money on a momentum play, but you will learn. Don't vent on this board, it wasn't our fault. You decided to make the play. It took me a few $G's to figure out how to play them, but now I do just fine. Next time you loose money, instead of venting on this thread, try what I do: Go buy a dart gun from Toy's-R-We, you know, the kind with the suction cups on the end. Then turn on CNBC. Every time they show David Favor, call him every name in the book and shoot the hell out of him. The next thing you know, you will be at peace. Also, those little squeeze balls work nicely as well, as long as you can resist the temptation to throw it at your wife's antiques. :) Good luck! Hope this helps! Anyone else have any tried and true methods of dealing with stock losses?