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

To: Darren who wrote (696)	7/4/1998 2:05:00 PM
From: Sword	Read Replies (1) \| Respond to of 1729

"... and I don't trade things that I can't get out of, like KTEL or AMZN" I suspect that you, like me, learned this lesson the hard way. Keeping discipline to this rule is one of the keys to success. -Sword

To: Darren who wrote (696)	7/6/1998 11:02:00 AM
From: Robert Graham	Read Replies (1) \| Respond to of 1729

The concept of risk to time in the trade in one form or another seems to be one key point being made by the day trader. 1. Do not hold overnight. 2. A variation of "trade to make a realistic profit objective". I imagine this depends on experience and the method the trader is using. Here we have traders that quit at their profit objective. Do you have a time limit for each trade beyond that of your 2 tick "stop loss" method? The wife working to generate cash flow is an approach many married businessmen use to help manage their risk in starting up a business. Bob Graham