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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: DM who wrote (1889)	12/12/1998 10:35:00 PM
From: nojobjim	Respond to of 56532

tell everyone DONT CALL ME AT WORK!!!!! Helpful responses " You're blonde haired and blue eyed. I can sell you and ten more like you" "I'll only go back to work as a condition of my parole" "Mom, let what I did to Dad serve as an example" Hope this helps. james

To: DM who wrote (1889)	12/12/1998 11:31:00 PM
From: Trader J	Respond to of 56532

DM - Great subject matter for a book. I have never gone as far as writing up a business plan and all that. It really depends on how disciplined you are. I do HIGHLY suggest that you write down, or mentally prepare your goals and revisit them often. It is too easy to sucked up into this trading vortex and forget everything when the action becomes fast and furious. Take each trade slowly, determine your entry, your goal for an exit, your loss tolerance, decide if you are mentally going to stop or if you are going to place a physical stop, and then execute the trade and be willing to abide by your goals. It is really very simple.....in theory. Can be simple to in actuality if you become disciplined. Set realistic goals! Good luck TJ

To: DM who wrote (1889)	12/12/1998 11:55:00 PM
From: Triffin	Respond to of 56532

DM..RE: Trading.. Best advice I ever got viz a viz trading.. "Know your exit before you enter the trade" Jim in CT..

To: DM who wrote (1889)	12/13/1998 7:59:00 AM
From: Donna Carey	Read Replies (1) \| Respond to of 56532

DM, another trading idea I find helpful is to keep a trading log. It's a 1 year full page day calendar where I enter EVERYTHING done or thought about that day. I enter all orders, trades, account balances, URL's, stocks to watch and the reasons why (with current prices), brokerage #'s, account "'s, blood type (only kidding), etc. I use a hi-lighter to mark completed trades. There's just way too much going on & to keep track of to try to remember. I guard this book with my life. In fact, my husband gets a kick out of getting me a new one every year and even has my the year & my name lettered into the black leather cover. Any day/calendar type book will do from a stationary store. Donna