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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (2675)1/20/1999 11:35:00 AM
From: The Devil Dog  Respond to of 62348
 
One again an excellent lesson, providing insight of
the good and the bad. Most are always willing to
tell of their gains but conveniently forget to make
aware of their losses and mistakes making this form of
work look overly appealing, when in actual fact it
is still very risky and quit difficult at times.

Best regards

WB



To: keith massey who wrote (2675)1/20/1999 11:37:00 AM
From: The Devil Dog  Respond to of 62348
 
ATY sure took off like a speeding train!

WB



To: keith massey who wrote (2675)1/20/1999 11:39:00 AM
From: the Chief  Read Replies (1) | Respond to of 62348
 
Two lessons well learned by myself by that trade: Always use stop losses and when you are too stupid to use stop losses at least be smart enough to cut your losses.

Excellent point!! I would like to add one other thing. Place your STOP immediately after you have the confirmed buy....then DON"T MOVE IT, NO MATTER WHAT!!!Personal expierence here...I have!! and guess what....it doesn't work!!<ggg>

the Chief


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