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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Wizzer who wrote (1285)11/17/1998 8:33:00 PM
From: Buckey  Read Replies (2) | Respond to of 4467
 
Wiz - any idiot can make a buy order and it does not make a whole lot of difference where a lot of the time even if it is a long position bought at a high.

SELLING IS KEY - no explantion needed - be it selling at a stop loss or selling for a profit.

I and am sure everyone else has held on to stocks way to long either wiating for more profit or waiting for a stock to hit bottom.



To: Wizzer who wrote (1285)11/17/1998 8:38:00 PM
From: Buckey  Read Replies (2) | Respond to of 4467
 
ON PHV - I was not the only kamikazee idiot out there - there was like 2.5mmilion traded that is 5 million shares

My daytrading strategy starts with one thing - It has to be on 100 stock ticker as I will be vaguely fa,iliar with it. I have had PHV on the ticker for a long time and do know a lot about the company. I have not made a trade in 8 trading days so I saw an opportunity and if I would have waited I would have got it a lot lower but I still made out OK - Not enough for a beemer for enough to buy a nice night out on Friday