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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (13690)	8/3/1998 7:59:00 PM
From: Moominoid	Read Replies (1) \| Respond to of 42787

things he did wrong: * buying before researching? That can be justified but research pretty fast after your purchase. * buying because of SI posts? I get ideas from SI. I see what other stocks people who post on threads of my stock hold (ie where they also post) and then investigate those. * no trading plan * no exits * not buying near supports I made most of the above mistakes recently buying Personell Group of America. However, I am already out at 19.125 after buying at 21.5 If a stock dips right after I buy I get out fast to claim a tax loss. This is always a good idea. Though in the US you can't get in as fast again as I can in Aus. and the tax deduction isn't as big. * selling out to chase something bigger. ?? * using emergency funds to trade I didn't even buy a mutual fund till I had around $10000 in the bank. * 100% into the stock See my last post. * not using TA ;) Well not everyone believes in it and if you have poor TA I guess it could lose you money. David