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Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?! -- Ignore unavailable to you. Want to Upgrade?

To: just bearly who wrote (360)	1/21/1999 3:05:00 PM
From: Jon K.	Respond to of 611

Tara: >>It took me about three-four months to narrow down the strategies I had tried that worked.<< Would you be willing to share your general strategies? If you don't want to publish it, would you PM me? Thanks Jon

To: just bearly who wrote (360)	1/21/1999 11:04:00 PM
From: Logistics	Read Replies (2) \| Respond to of 611

Tara, Hi, I resigned from teaching to daytrade full time. Learned over the summers and during breaks. Made 10X my teaching salary last year. Happy camper. By the way, I started with 20K - traded for 6 months all the way down to 2300.00 and then it turned. Be patient. WOMAN ARE BETTER TRADERS THAN MEN - IT IS PROVEN!! J

To: just bearly who wrote (360)	1/30/1999 10:07:00 PM
From: zora	Read Replies (1) \| Respond to of 611

Tara, Nice to read your post... we trade together on cyber. :) Sometimes when I tell people that I daytrade, they think it is easy. 3-6 months is what they think is all the experience you need. Since I work full time, my time frame to learn this career is three years. I made my first trade in May 1998, and have never been in the hole. Guess I was lucky when my first trade netted me 13K. And when I say lucky, that's exactly what I mean. I had no idea what I was doing and happened to get out of the stock at its 52 week high. I have spent hours reading, watching, and learning. Some of my best ideas come in the shower. <g> My goals for 1999 were to improve my knowledge, learn my trading software better, and double my 1998 earnings. Jan has been a fantastic month and I may reach my earnings goal six weeks into the new year. I like to buy quality stocks and hold for short term. I guess you call it position trades. Then I like to buy and sell quick for 1-2 point gain. I don't think the number of trades is as important as the objective or plan for the trade in the first place. I want to learn all about the financial markets not just daytrading. I plan to attend every seminar or workshop I can. Spent 2 days at an options seminar, one evening on estate planning, and a five week course on investing. I know I can make a living at it cause I am essentially doing it. If you are considering playing the market, have energy, nerves of steel, and a real desire to learn all about it. This is not an easy career, but it sure can be fun. zora (ms)