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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (85)	2/23/1999 8:34:00 PM
From: Jon Scott	Respond to of 19256

Had 2 bad trades 2/17 at NDB. 1000 shares of WCAP bought 9 1/2/sold 9 1/8 -600 shares NDB bought at 23 and sold @ 22 1/16 Lost $1k. Still wincing. Both those stocks subsequently moved up the next day or so but I had to sell or cover. Didn't have the $25K or margin to cover so had to take the loss. Otherwise, could have had a nice $3-4k gain in a few days. So I do take risks and do err. But generally, I have to limit risk to what I can cover and therefore limit my gains.