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Strategies & Market Trends : SPARKY'S CORNER -- Ignore unavailable to you. Want to Upgrade?


To: Robet Butkus who wrote (3700)10/22/1998 7:56:00 AM
From: Meredith Cullen  Respond to of 4142
 
Robert,

I don't hang on to losers either. I trade in 2 IRA accounts and one margin account so owe some of my losses to being overextended. Hard to exit from 40 positions in a hurry!

I trade like you except I haven't got the hang of shorting. I've managed to recover all my losses for the last few months in the last 4 days (20-30%). SOSS has been my only big loser recently. I've been very lucky dodging bullets as in the case of JDAS and AGTX but kick myself for selling VOL at $17 (jumped to $24 last 2 days).

My posting was probably a little emotional but not everyone on these boards has the time and tools to trade like we do.

Meredith