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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: TWICK who wrote (14925)9/16/1998 10:50:00 PM
From: PaulB  Read Replies (2) | Respond to of 120523
 
TWICK

Well you are not alone here I think many of us long term holder are learning how to trade. Here is a book I like... Perhaps it will help you to.

Japanese Candlesticks Charting Techniques. Best money I have spent so far. Written by Steve Nison

Also Real time done cheep. www.mytrack.com about 30.00 a month including exchange fees. Has already paid for it's self. I think they also offer it for free 20 minute delay. Only problem is I cannot track as many stocks as I would like.

Sorry to jump in hope it helps.
Paul



To: TWICK who wrote (14925)9/16/1998 10:52:00 PM
From: Jeff Jordan  Respond to of 120523
 
Twick,

Nothing to laugh at there...we've all done the same things getting better tools to aid in our decision making. We're just lucky to be experiencing the boom of technology and information all at once. It's a learning experience for everyone as the markets and trading practices evolve. You are doing great and you will soon be making enough money to trade using RT systems.

Best,
Jeff



To: TWICK who wrote (14925)9/16/1998 11:13:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Twick.. thanks, you are doing fine. by the way about options, be afraid, be very afraid... seriously, holding an option these days is dangerous.

If trading in these volatile times is like walking a tightrope, then trading options is like walking a well-greased tightrope, over a gapping, active volcano. I buy them mostly intraday or sometimes about 3:30 for a possible gap up in the morning, late afternoon and sometimes 1-3 day hold. They decay quickly and are not assets.. Don't buy more than 1 once in a while. I never buy more than 10 calls unless they are particularly cheap. And the index options I buy and sell the same day or again for a possible gap in the morning of the S&P