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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: GerryMiles who wrote (1847)3/6/1999 10:30:00 AM
From: Robert Graham  Read Replies (1) | Respond to of 2120
 
Are you an investor or a trader? What time frame are we dealing with here for this stock? Are you a speculator that likes to take on risk or do you tend to avoid risk in your market plays? What type of risk profile does the stock have? What type of profit potential defined in quantifiable terms does this company have 6 months from now? One year from now?

Money can be made by the those who are risk intolerant in the market. Investing in a company with no realized performance history is a fool's approach to the market. Trading on other trader's interest, expectations, and zeal in the company is a different matter. Just remember who is the sucker here in this picture: those traders who have sentiment motivate their trading who trade on their dreams instead of the reality directly at hand. Just make sure this is not you!

Do you also "invest" in those biotechs too?

Bob Graham

PS: By the way, what is a post like this doing on Ken's thread hyping a stock? Obviously you have not read the introduction to this thread like you should of. Due Dilligence?