SI
SI
discoversearch

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.
Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Ron McKinnon who wrote (18335)1/9/1999 7:41:00 AM
From: Susan Saline  Read Replies (2) | Respond to of 53068
 
>>>we all know what is happening is a once in a lifetime event; gotta make sure the brain does not think that this is the norm

don't be so sure this is not the "new" norm.

I see the market becoming even more volatile, with "corrections" such as the October one, and "bull runs" following, coming much more often, than in the past 20 years. ...

Why?

Cause it's "easy"
virtually "anyone" can do it, anyone can play the market.

My plumber, my electrician, my Ford friend, my pilot friend, a night waitress, and over New Years Eve, "many" people that I partied with ... asked "How do I get started with online trading".

I warn them all ... that they are "fresh blood"
then I help them with an idea of where to start.
A true addict here ... there is nothing I love more, than to talk about the market.

Every weekday morning at 7 am, I work out at the sports center ... the TV's line the wall ...
quess which station most are watching?
if you guessed CNBC you would be right.

momentum ... the number of new traders is growing ... good for those of us with some experience, who know when to take the quick loss ... they will begin by tucking their tails between their legs ... till they learn ... till they are broke ... or get very lucky with a "big" score.

so .....
I am not so sure this is just a "once in a lifetime event"

on stops ... thanks Ron for the feedback on PEP and HAIN stops, I have great respect for your views ... you see much more in depth than I ... something that grows only with experience.

average percent gain for me from Jan 1, 5 trading days YEEEHAAAAA
+48% speculative Penny account
+19% Trading 1 to 5 days
+14% Long

have to boast now ... cause ya never know .... it may be the best time I am able to ...

key word STOP LOSSES

a toast to a wonderful 1999, Sue



To: Ron McKinnon who wrote (18335)1/9/1999 9:11:00 AM
From: AnnaInVA  Read Replies (1) | Respond to of 53068
 
I'm only up 11.6% for the entire year (trading acct) so don't look to me for sympathy you bum VBGGG

amazing how our mind set has changed these days
for 20 years a 11.6-13% gain was a good return for 52 weeks <<

I agree with how our thinking has changed. How will
we react when things slow down which they inevitably will do ?

anna