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


To: Ken Wolff who wrote (1870)3/16/1999 10:01:00 PM
From: jeff Strum  Respond to of 2120
 
Check it out. They will give out clues and let you email your guesses to them. If you're correct, and guess the stock, they will tell you in advance of their mass emailing and web posting. Today was their first pick. Most interesting.

redhotstockpicks.freeservers.com




To: Ken Wolff who wrote (1870)3/17/1999 5:01:00 PM
From: Ken Wolff  Read Replies (3) | Respond to of 2120
 
Reducing Risk (cont...)

3. KNOW THE MARKET YOU ARE IN OR STAY OUT OF TRADES

Neutral markets produce uncertainty and decrease your percentages on ANY trade. In a neutral market stocks can get bought or sold... No clear direction with the market or the trading.

Also in a "topping" market, stocks can go higher or go lower. Whenever this happens it is called a "Frothy Market" and it tends to yo yo. This type of market is more risky for the daytrader.

Ken
www.mtrader.com