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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Charles T. Russell who wrote (9241)	11/7/1998 8:31:00 PM
From: Mark Hill	Respond to of 119973

One thing that I have learned here is if you missed the initial buy price on a lot of the picks here, many time after the initial spike the stocks will settle back to the price before call. With the intermediate trades you often can get in at the same price where it started. If you chase it there is a good chance that is as far as it is going that day and your in at the high. Treat trading as a business. When you own your own business you spend many more hours than a 9 to 5ver. This is the greatist business there is. Low overhead, no employees, flexible hours and now with the internet reams of free info for the takeing. If you pre-define your risk on each play, it tends to keep your emotions on an even keel. If you have a lot on your mind besides trading you shouldn't trade that day. Remember behind that train you may have missed there are many more about to leave the station.If you keep that in mind it becomes much easier to unemotionalize (is that a word)trading for a living. Just my 3 cents worth. Good trading all, MH