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Pastimes : Daytrading and Stock Trading Addiction -- Ignore unavailable to you. Want to Upgrade?

To: funk who wrote (108)	1/13/1999 9:10:00 PM
From: Sword	Read Replies (2) \| Respond to of 330

funk: For some, they would say that I am still trading too much. But now, instead of making many trades a day, I am sticking to momentum plays on the short term that last for several days or weeks. In addition, I'm reconstituting my long term portfolio that will be composed of both shorts and longs held for months and years. I have found that I can make more money using this approach than by daytrading. I have found that I'm just not very good at opening trades and closing them in a single day (sometimes in less than an hour). I'm also working on several software projects that could result in new companies that I might form. This leaves little time for position trading let alone daytrading. I'll still sign onto the #The_Final_Frontier channel once in awhile just for old times sake. I've grown to love you guys and gals. -Sword