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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: FishingDude who wrote (8019)2/7/1999 9:16:00 AM
From: Poet  Respond to of 56535
 
Fishing dude: Holding through earnings:

Yes, I agree the game has changed with regard to the stock market over the last few years. Many people are long term holders and make very nice profits holding through thick and thin. I have a long term portfolio which I don't touch. As a daytrader, though, I try to maximize my profits in my trading account by buying low and selling high over and over again, even a few times a day.

There are lots of trading styles and each of them can be really successful if done right. That's what makes the market so interesting!

I'm holding JTFX over the weekend, by the way. It's a position trade I brought to the thread last week and I'm hoping to get a few points from it this coming week. We shall see....