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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: JEB who wrote (45834)	1/21/1999 11:10:00 PM
From: Logistics	Read Replies (1) \| Respond to of 119973

URGENT FOR NEWBIES:::: Time Tested Classic Trading Rules for the Modern Trader to Live By . A senior trader collected these rules from classic trading literature throughout the twentieth century. They obviously withstand the age-old test of time. I'm sure most everybody knows these truisms in their hearts, but this list is nicely edited and makes a good read. 1.Plan your trades. Trade your plan. 2.Keep records of your trading results. 3.Keep a positive attitude, no matter how much you lose. 4.Don't take the market home. 5.Continually set higher trading goals. 6.Successful traders buy into bad news and sell into good news. 7.Successful traders are not afraid to buy high and sell low. 8.Successful traders have a well-scheduled planned time for studying the markets. 9.Successful traders isolate themselves from the opinions of others. 10.Continually strive for patience, perseverance, determination, and rational action. 11.Limit your losses - use stops! 12.Never cancel a stop loss order after you have placed it! 13.Place the stop at the time you make your trade. 14.Never get into the market because you are anxious because of waiting. 15.Avoid getting in or out of the market too often. 16.Losses make the trader studious - not profits. Take advantage of every loss to improve your knowledge of market action. 17.The most difficult task in speculation is not prediction but self-control. Successful trading is difficult and frustrating. You are the most important element in the equation for success. 18.Always discipline yourself by following a pre-determined set of rules. 19.Remember that a bear market will give back in one month what a bull market has taken three months to build. 20.Don't ever allow a big winning trade to turn into a loser. Stop yourself out if the market moves against you 20% from your peak profit point. 21.You must have a program, you must know your program, and you must follow your program. 22.Expect and accept losses gracefully. Those who brood over losses always miss the next opportunity, which more than likely will be profitable. 23.Split your profits right down the middle and never risk more than 50% of them again in the market. 24.The key to successful trading is knowing yourself and your stress point. 25.The difference between winners and losers isn't so much native ability as it is discipline exercised in avoiding mistakes. 26.In trading as in fencing there are the quick and the dead. 27.Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success. 28.Dream big dreams and think tall. Very few people set goals too high. A man becomes what he thinks about all day long. 29.Accept failure as a step towards victory. 30.Have you taken a loss? Forget it quickly. Have you taken a profit? Forget it even quicker! Don't let ego and greed inhibit clear thinking and hard work. 31.One cannot do anything about yesterday. When one door closes, another door opens. The greater opportunity always lies through the open door. 32.The deepest secret for the trader is to subordinate his will to the will of the market. The market is truth as it reflects all forces that bear upon it. As long as he recognizes this he is safe. When he ignores this, he is lost and doomed. 33.It's much easier to put on a trade than to take it off. 34.If a market doesn't do what you think it should do, get out. 35.Beware of large positions that can control your emotions. Don't be overly aggressive with the market. Treat it gently by allowing your equity to grow steadily rather than in bursts. 36.Never add to a losing position. 37.Beware of trying to pick tops or bottoms. 38.You must believe in yourself and your judgement if you expect to make a living at this game. 39.In a narrow market there is no sense in trying to anticipate what the next big movement is going to be - up or down. 40.A loss never bothers me after I take it. I forget it overnight. But being wrong and not taking the loss - that is what does the damage to the pocket book and to the soul. 41.Never volunteer advice and never brag of your winnings. 42.Of all speculative blunders, there are few greater than selling what shows a profit and keeping what shows a loss. 43.Standing aside is a position. 44.It is better to be more interested in the market's reaction to new information than in the piece of news itself. 45.If you don't know who you are, the markets are an expensive place to find out. 46.In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word - Nobody! Thus the successful trader does not base moves on what supposedly will happen but reacts instead to what does happen. 47.Except in unusual circumstances, get in the habit of taking your profit too soon. Don't torment yourself if a trade continues winning without you. Chances are it won't continue long. If it does, console yourself by thinking of all the times when liquidating early reserved gains that you would have otherwise lost. 48.When the ship starts to sink, don't pray - jump! 49.Lose your opinion - not your money. 50.Assimilate into your very bones a set of trading rules that works for you. Next Previous

To: JEB who wrote (45834)	1/21/1999 11:19:00 PM
From: Logistics	Respond to of 119973

AGMX used to be Fairway Enterprises. Read this it is awesome. Press release from last week::: AGMX plans to be the SOURCE for golf merchandise on the WEB::: Tuesday January 12, 1:40 pm Eastern Time Company Press Release Fairway Restructures for Internet and Golf Focus as Associated Golf Management, Inc. TAMPA, FLORIDA--The Company is pleased to announce that it is expanding the Senior Series Golf Tour as the National Senior Tour (''Tour''), a professional tour for golfers over the age of 48. Throughout 1998 the Company operated and was principle sharehol der of the Senior Series Golf Tour. The Tour has been the largest feeder into the Senior PGA Tour next to the PGA Tour itself. The National Senior Tour expects to offer $2 million in prize money in an expected 15 events this year. In 1997 and 1998 hal f of the Senior PGA Tour exemption cards were offered to some of the Tour's top professionals. PGA players, Bobby Strouble, Walter Morgan, Bob Duval, Bruce Summerhays and Dana Quigley are among the players who honed their skills on our Tour. Allen Doyl e, the Medallist of the 1998 Senior PGA Q-School, and Tom McGinnis, last year's 3rd place finisher, were both winners on the Senior Series Golf Tour in 1998. The Tour and its national sponsors will continue to strive to be an integral component of the s port and golfing awareness while supporting national philanthropic campaigns. The Company intends to acquire and consolidate several golf equipment manufacturers as well as teaching aid/instructional golf product providers, and to associate with leading golf course developers and designers. By consolidating product-lines and purs uing an intense marketing and sales campaign via the worldwide web, the Company intends to become one of the larger and most profitable distributors and marketers of golf-related products. Using some of the web-selling success strategies and technologie s of other publicly traded internet sales companies like Amazon.com (AMZN) and Ebay Inc. (EBAY), Associated Golf's goal is to become the source for golf on the Internet. The Company's strategy anticipates the integration of joint ventures/partnerships w ith present industry participants, and the commercial exploitation of broader web platforms including premier search engines such as Excite Inc. (XCIT) and Lycos, Inc. (LCOS). The Management of Associated Golf Management, Inc. is currently entertaining several additional avenues within the golfing sector, including golf course design and the sale and marketing of golf equipment, accessories and teaching aids among other products. Management wishes to express their thanks for the fruitful beginning of their consulting association with the merchant banking firm, London Taylor Group. Located in the public company golfing capital of the world, Carlsbad, CA, the directors expect that London Taylor will make a major contribution to the corporate and financial review, and the continuing growth and development of the Company. The board of directors is pleased to announce that the name of the Co