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Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?! -- Ignore unavailable to you. Want to Upgrade?

To: Mike Hardy who wrote (567)2/21/1999 3:47:00 PM
From: Drew  Read Replies (1) | Respond to of 611
 
STOP LOSSES!!
You hit the nail right on the button.

Replaice emotion with disciplined stop loss action and you will overwhelmingly increase your chances of making profitable trades.

Sometimes it is like fishing...you cast and cast many times until the strikes bring in the big ones!



To: Mike Hardy who wrote (567)2/22/1999 6:23:00 PM
From: Matthew L. Jones  Read Replies (1) | Respond to of 611
 
That's great if you're not trading Nasdaq stocks. Most brokerages don't allow stop loss orders on Nasdaqs, only listed and options. The problem is that most of the money from interday swings happens in the Nasdaq.
Matt


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