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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: Gary Korn who wrote (1565)10/4/1998 1:48:00 AM
From: RavenCrazy  Read Replies (1) | Respond to of 2120
 
I JUST found this thread and from first glance, it does not appear that specific stock picks are made. If not, could someone tell me a thread where daytraders suggest their own choices?

Thanks,
Raven



To: Gary Korn who wrote (1565)10/4/1998 9:59:00 AM
From: dpl  Respond to of 2120
 
" Another helpful piece of advice I've picked up on SI is to not think of the loss as
money. It is points. Just points. As I go through my morning trade session (until I get
spaced and have to stop), I'm thinking of sixteenths, not dollars. That helps. Lose a
sixteenth? That's easier to deal with. Don't think about the money. And never be
trading just to "win" the money back. That's not trading, its gambling."

Gary,great advise.In fact,I never count my "chips" until the end of the week.

David