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Non-Tech : PERFUMANIA.COM . . PRFM . . .FOR LONGS ONLY -- Ignore unavailable to you. Want to Upgrade?

To: GalSal who wrote (1361)	2/1/1999 12:18:00 AM
From: HRAKA	Respond to of 2489

Gal, There are a couple of ways you can improve your speed. I use Schwab so I'll tell you how I do things. 1) Open Netscape and go to Schwab's real time quotes screen. Then minimize it. 2) open another Netscape window and go to Schwab's order screen. Fill out everything on the order screen except the price and minimize he window. 3) Now go back to the real-time quotes window and watch trading. From here you should be able to complete your order and submit in about 10 seconds. Always remember if the markets moving fast in a direction that you should allow for movement in the price you put on your order screen. Be conservative, make quick decisions and don't waver. Momentum investing is hard work whether from the long or short side. You should also look into placing stop orders and keep a phone right next to you in case your broker's server goes down. Always be ready to take your lumps. Better to lose $1,000 than to lose $10,000. Good luck. BTW - I am short on PRFM. Hraka

To: GalSal who wrote (1361)	2/1/1999 1:32:00 AM
From: Colin Thorpe	Respond to of 2489

GalSal: Pls excuse the 2 cents worth. I am new also and learning. For whats its worth, if you don't plan to day trade but rather buy for days, weeks or ugh months. Try to locate a good full service broker that you can use as a sounding board for your research ideas. He/she also will have the ability to effect the trades promptly when you want to sell or buy. You need to find someone who is normally at the machinery when the market opens and remains there all day, or has a good alternate means for you to initiate action. I've been at this only two months, don't know much but have bought and sold on the turn of a dime. My broker has also, stopped me from doing dumb things and reinforced my right things. The fees he has charged are nothing compared to the money I have either saved or made. Again, this is only my feelings and they have changed to this over the last two months. Initially, I was gung ho to open a trading account that I would handle myself. Now I don't think so, just need to figure out a reliable way to monitor the market(tape). Regards Colin