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To: k.ramesh who wrote (4559)10/22/1998 10:14:00 PM
From: The Ox  Respond to of 14427
 
If i might jump in. Skill is following a company closely and understanding how it usually moves. I stress: usually. Skill is weighing the odds and coming to a decision. Skill is sticking to a trading scenario and mapping out all 3 directions: up, down, and sideways. Skill is taking a loss when things go against you. Skill is understanding the prevalent market/sector sentiment, as well as fundamentals. Skill is tuning out all the noise and focusing in on the music.

Some call it luck.

Best regards,
Michael