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.

Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?

To: William W. Dwyer, Jr. who wrote (1625)	1/9/1999 5:10:00 PM
From: brec	Read Replies (1) \| Respond to of 3216

It would seem from your description that you trade from the long side only. Is that correct? --Just curious. As a prospective day trader, I've been wondering what proportion of those who consider themselves successful are merely artifacts, so to speak, of a bull market.

To: William W. Dwyer, Jr. who wrote (1625)	1/9/1999 9:54:00 PM
From: Mr. Rhino	Read Replies (1) \| Respond to of 3216

Thank you for some very good advice. I am REAL new to all this stuff, but the excitement of the RISING market has brought me into it. I don't day trade full time like most of you, but I love the idea of developing a strategy, which i have been doing over the past few months. Now I am only actually starting to some of my money into it, and i couldn't have read this stuff at a better time. I am the owner of a successful recruiting business in NY that I started in 1995, and only recently did I make some money to think about investing. But honestly, I have always been petrified of the market. But it's time for me to overcome that fear and try to do something. I have been working very hard at night, many times until 4 in the morning, reading, learning, and trying to figure out a strategy that works for me. So your advice as well as many others on this thread has been taken to heart, and what you said about learning how to NOT lose money rang a bell. I read a great quote from Bill Parcells a couple of weeks ago. He said, "Until you understand what makes you lose, you'll never understand how to win." I will employ that strategy. Thanks again.