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


To: MMK who wrote (3032)1/2/1999 8:12:00 PM
From: TraderXx  Read Replies (1) | Respond to of 56535
 
MMK...what I do is make a list of potential stocks I think fit my criteria. If the list for those potential stocks was too long for you, then maybe you were a little bit too liberal with your criteria as far as evaluating them. Try to make your criteria a little more stringent..picking only the ones that really look good ie. only AAA stocks with 90's numbers ( the most important is the accumulation one), the go from there. Also I only look at the Fridays and Mondays(weekend) edition to determine my buys and sells for the next two weeks. Don't be so anxious to buy and sell so quick. Its a road to losses (in my opinion). Start out trading in two, three week, or even 1 month periods. Believe me you will accumulate in time some profits. When you have enough to be able to buy the more stable, solid stocks, then if you desire, try more of the daytradying. But again, daytrading takes alot of time to understand and profit from. Hope this info helps.