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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Junkyardawg who wrote (6114)1/8/1999 2:48:00 AM
From: QuietWon  Respond to of 90042
 
Ern dt: BMCS - will meet/beat. 13th says yhoo; 21st brfg.com



To: Junkyardawg who wrote (6114)1/8/1999 2:50:00 AM
From: QuietWon  Respond to of 90042
 
Erng dt: VTSS & PMCS - yahoo and most say 13th and it was today! @#!%#



To: Junkyardawg who wrote (6114)1/8/1999 7:26:00 AM
From: JustInTime  Read Replies (2) | Respond to of 90042
 
>>I lost it all in one day on a stupid mistake.

Care to share the specifics? Many people only present their winners here and almost never fess up to their mistakes, I think its important, especially for the new investors, to know how and why people lose money...you read some of the threads around hear (TM for example) and you get the impression every single person is making weekly 100-200% gains and no one ever loses money.

Also, keep in mind with paper trading, while useful, does not at all compare with "real" trading. With paper trading its real easy to say I bought at this price (low for the day) and sold at this price (high for the day) and show great paper profits, but in reality, and something I have learned, just because a stock makes it to a certain level, does not mean you can get an execution at that level. The other difference is that their is no emotions tied to paper stocks, when you hard earned money is invested, emotions and pulse rate can kick in big time and cause you to do things you would never do with paper trading.

Good luck!