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

To: steve goldman who wrote (3951)	5/4/1998 9:09:00 AM
From: cool	Read Replies (2) \| Respond to of 12617

ENMD is for you experienced daytraders today check out the pre-open activity, I will watch.--eom

To: steve goldman who wrote (3951)	5/4/1998 4:12:00 PM
From: Bruce Mapes	Read Replies (1) \| Respond to of 12617

Steve, I agree with you 100 percent. I have been doing very well using a hybrid of day trading and position trading. I keep about 2/3 of my porfolio on the long side with stocks I believe have good upside and minimal downside risk. I then day trade the other third. I pick stocks based on the same fundamentals, but then look for the day-trade potential is some of them. My favorite day-trade stock is ASND. This stock is a day-traders dream. You can watch support and resistance with candlesticks on a 30 minute intraday basis, and it almost always does what you think it will do. I know the trend is up and the fundamentals are good, so it's just a matter of looking for the bottom at support levels, and riding it up. Lots of fun, with instant profits and gratification.

To: steve goldman who wrote (3951)	5/4/1998 8:28:00 PM
From: TFF	Read Replies (1) \| Respond to of 12617

Steve: Unfortunately my experience has been that if you Position Trade you MUST diversify. I have always been gripped with the idea of trading concentrated positons and the mental challenge it provides. I have Position Traded concentrated positions before and have had great success, but ultimately the risks of holding concentrated positions overnight/over days or weeks proved detrimental. I am now Day Trading concentrated postions based on the theory that by avoiding overnight activity one can achieve greater risk management and potentially higher returns. Hopefully I will live to tell the tale. Cheers!