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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: 1-DAY-TRADER who wrote (2830)9/17/1998 2:30:00 AM
From: Phil(bullrider)  Read Replies (1) | Respond to of 4634
 
1-D-T,

I cannot sit in front of a computer all day, not because I can't afford to, because I cannot endure it.

As I have stated many times before, I am not a day trader. I don't want or need the stress.

When I make a pick, it is at least for 20%. I won't trade for less. Whether I win or lose, I don't trade for any less. And it depends on the market even then. In an up market, if I am long, I will hold out for more. In a down market, if I am short, I will hold for more.

I also don't always sell at 20% or 30% either. I am up more than 300% on LU, about 100% on LHSPF, 120% on ATI, etc.

Day trade if you wish, it's simply not for me.

I have too many other things to do with my life.

Have fun,
Phil