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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (2167)	1/21/1999 10:07:00 AM
From: Robert V. Cavaleri	Read Replies (1) \| Respond to of 57584

Rande, Loved your post re: position trading. For 99% of the people out there, myself included, that is the best type of trading to master. It is when I started position trading, finding uncovered gems and holding them for short-medium term time periods, that I finally started to become profitable (very). I just don't have the proper equipment to provide the type of executions needed to compete in a fast market as a daytrader. A lot of people haven't realized that browser based softwares like etrade, datek, et al. are not appropriate for this. When you use these programs you are basically using an e-mail based messaging service to place orders into the hands of another individual. Moreover, you are competing with all the kids on the net playing video games with other kids on the other side of the country. Position trading is much better, at least for me and I find this board is one of the best places that I go to to find the kind of ripe information I am looking for to make my trades. Curious, have you done any DD on GMGC or WAVO? I like both of these as plays for 99. Definitely very high risk, but the rewards for either of these could be astounding. Have watched them for years and they seem ripe. Robert