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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (4713)	10/30/1998 12:14:00 AM
From: Quaddad	Respond to of 7247

Any opinion on CASY. I looks like it is doing a double bottom. Or starting to channel from $13 to $15 1/2'ish. tscn.com The companies fundamentals seem solid. Any opinion? TIA Q

To: Tim Luke who wrote (4713)	10/30/1998 12:15:00 AM
From: Bogeey	Read Replies (2) \| Respond to of 7247

When you say "over trading" what do you mean. I think I have been a victim of the same thing. I have cost myself money selling one stock to move into another that I come across that seems to provide better opportunities only to see the one I sold go up the next several days. I feel that you have to decide what you want out of a stock when you buy it, and then stick to those parameters, otherwise you will bounce around trading your ass off and get nowhere. Another thing you just said I agree with totally...keeping your focus on fewer stocks. Knowing the stock, knowing the sector etc. has proven to be very important in trading. I have also noticed something you said weeks ago that sure has proven to be true...don't watch every tick. It will kill you, unless your daytrading ofcourse. So many lessons learned in the first months I have done this and fortunately for me, and thanks to people like you and others on this thread and other threads as well, I have managed to start recovering from big losses early on, and am doing well consistently now. Thanks