Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jeer who wrote (17936)	11/28/1998 11:15:00 AM
From: JimBeamII	Read Replies (1) \| Respond to of 119973

jeer -- I second that, as stated in my earlier post. You can take a couple 1/8s and 1/4s a day and attain the $5,000/week goal. But even that is not easy, particularly in the beginning, even with Level 2. Once you're attaining the smaller goals and become more confident -- and more knowledgeable about all the ways your orders can get hosed by E*Trade or whoever -- then stretch-out to bigger trades. Keeping a conservative attitude will also make you sharper when we wake up one morning and find the "internet mania" is dissipating and we have to go back to making money "the old fashioned way. Earning it!". JMO Prosperous Trading! JimBeamII (SA Member formerly known as James L. Potts)

To: jeer who wrote (17936)	11/28/1998 11:26:00 AM
From: Susan Saline	Read Replies (1) \| Respond to of 119973

>>> im fighting off the urge to play catch up too soon with everyone else here making huge dollars. fight very hard ... for when the speculation ends ... those that are new, and those that don't use stops will learn a hard lesson that will take years to recoup. I play, I post, I win I lose ... all this with 10% of total equity Long account (blue chips and quality, slow moving like turtles) 80% of equity Penny account (no bb'stocks, 1/8 to $3.00 stocks, a cash only account ... which is, btw, down about 30%) 10% of equity Trading (10 minutes to a week hold) 10% the following is one of my favorite posts ... recently it cost me, a sell stopped out on NAVR at 8.50 (entry 6.25) gain ... quess it was a little too close :o)... but saved me on CMPL in 18 1/8 stopped out at 17.50 loss but the post is well worth a print out and memmorization exchange2000.com take care , Sue