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To: Savant who wrote (357)6/28/1998 12:44:00 AM
From: Apex  Respond to of 4201
 
Savant:
The true day traders, who liquidate at end of day, know what the heck they are doing. They must be disciplined to be successful and to survive. We should get one of them here to give us a good lecture.

You can say that I agree 100% with your motto: "A long term investment is a short term trade gone bad."

IMHO if you prefer holding stock for 2 min, 2 hours, 2 days and 2 weeks, cutting your losses and setting a loss limit is the way to go.

Get rid of the pig and go to another.

When I don't listen to my logic, I always pay with time (and money in certain situations).

Apex