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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Tom Allinder who wrote (4839)2/6/1999 10:17:00 PM
From: star56  Read Replies (2) | Respond to of 11130
 
Thomas
Thanks for responding.
I'm learning real fast you don't trade until after the opening.
But why do so many do it?

If you listen to CNBC, by the time I jump in on E*Trade I've missed any upward movement.
I guess, as you say, you have to do your homework and buy long before the action starts or forget it.

Let's say TLTG jumps to over $3 Monday AM. I'm so afraid to sell through E*Trade at the start of any pullback, and then buy again at the start of the next upward trend. They seem to take forever to get my trades through. Just applied for Power E*Trade. I hope that's faster.

I bought MPTV on Friday. Just sat there after I bought it. They keep talking about PR coming and a big turnaround. Is this going to happen? I don't see any talk of this stock on this thread.

Also holding a lot of GMCH for the big move. I hope it happens.

Dave