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Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?

To: R Stevens who wrote (1)	5/20/1998 7:37:00 AM
From: Big Dog	Read Replies (2) \| Respond to of 1729

The most important thing is to really know how to trade. Not just buying and selling, but trading like a Tazmainian Devil. Getting in and out at the right time has made me a great deal of money week after week. Some of you may know me from other threads and know I sometimes make 20 to 30 trades in a single day. Anyway, a few thousand a week is fairly easy when you know how to trade. BIG DOG

To: R Stevens who wrote (1)	5/20/1998 8:55:00 AM
From: vedia	Respond to of 1729

Steve, I would be interested what type to trader/investor you are..daytrader, short-term or long-term position investor? I am new to daytrading and am having resonable success. I hope that over the next several months I will develop my skills enough to earn a good living via daytrading. thanks for starting the thread.. vedia

To: R Stevens who wrote (1)	5/20/1998 9:09:00 AM
From: Henry Volquardsen	Respond to of 1729

You make an interesting point. A lot of people have been successful in the market over the past few years. Many of these people attribute their success to their own trading acumen when in fact they have just been riding a powerful trend. To be successful as a trader you need to learn how to handle bull and bear moves. That doesn't necessarily mean becoming a short seller but could mean learning defensive tactics. I study military history and one of the maxims is that you can judge the greatness of a general by his ability to both attack and retreat.