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To: Matt Brown who wrote (1310)	1/31/1999 3:24:00 PM
From: GalSal	Respond to of 2489

That bad huh. Too bad I wasn't shorting I guess. What's a profile? How/when do you short? What's a "position trader?" Is it where you buy and hold? When I first started trading I only bought & sold stocks like AOL, CSCO, MSFT. Sold all before I went to Calif for a couple of weeks & when I got back they were all high so didn't buy them back, so started buying and selling the "hot stocks" on TV(without doing any research into them), and got trapped when they fell like a rock (compliments of Datek). I stupidly thought they'd go back up so kept them (KTEL, SKYM, MALL, EGGS, AVCO, etc.) They haven't. I have since read #5663 Rules of Day Trading by Tastes Like Chicken & some others on that thread. Very helpful but I still haven't been able to solve the problem of how to get out fast when stock starts down. With Datek, sometimes it takes more than a minute for an order to go through and by then it's dropped lower than the sell $ I put in so then have to cancel and put another price in, etc. Sometimes that little hourglass just stares back at me. Hummmm. Would say more but hate to reveal my ignorance.