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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: dealmakr who wrote (7707)3/18/1999 8:29:00 AM
From: TATRADER  Read Replies (2) | Respond to of 59879
 
hi Dave, looks like I am going to get my gap up in TMAR today..This could be a quick 3 points...More bang for buck here than playing for 3 points with SLB...Too bad about HMAR...I have buy limits on several oils this morning..If I get them, I get them...Missed UTI yesterday at 8.25...Have a good day..Regards, Mark



To: dealmakr who wrote (7707)3/18/1999 8:43:00 AM
From: Rashid Garuba  Read Replies (2) | Respond to of 59879
 
Hi Dave, good to see you are well,

Trader notes:

Thought I'd add a bit to thread on what has helped in my trading lately.

Proper trade entries. Mark is a true king here. This one skill can so completely simplify a trader's life. This means you can trade against the trend (not that you should), and still not loose your shirt. Since I hate to see red have made it a goal to make entries that put me in the black almost immediately.. means buying only proper dips or flat/ascending consolidation breakouts. Way too many choices out there to take unneccessary risks. The point here being if you are a weak alcoholic, the best way to stay sober is to not even see a bottle.

Selectivity of trades. Have traded less and made more by picking only the very best trades and being very aggressive with them. This sounds obvious but is far from obvious. Conflict with work and family ironically forced this on me.

Not forgetting to short when appropriate. As risky as it sounds, shorting even internet stocks can be lucrative. CNET a nice recent example. The key is knowing support and resistance areas well and not being a pig. Pigs usually overstay their welcome and sometimes try to get in before anyone else. Pride also a vice here. Pride in getting the whole move from top to bottom and vice-versa. Take the easy points, as cowardly as it may sound.

Not trading before 9:40 unless fading a huge gap. 8 out of 10 times trading early will cost you.

Also trying hard not to trade for gaps in stocks that gained huge %, unles I can accurately "weigh" the story. Most of the time the gaps are not worth the risk.

Back to work.
Rashid.



To: dealmakr who wrote (7707)3/18/1999 4:35:00 PM
From: TATRADER  Read Replies (5) | Respond to of 59879
 
dave and everyone, my WOW5 crashed today and I lost all data on 1500 securities that I track..I know, it couldn't have happened to a nicer guy...I need your help...
Dave if you could give me 30 good oil stock symbols that you follow would appreciate...(RDC,KEG,PTEN,VRC,GLBL,UTI,TMAR, etc....)

And if anyone can give me 30 top gold stocks for my gold data base...

And if someone could give me 30 good chip stocks under 20.00......

One of my friends is going to send me the stocks with RS90 and A rating in IBD..stocks 20.00 and under...So that data base is taken care of....

Todays trades before Armageddon
1. OSII for 1/2 point
2. THNK loss of 1/2 point
3. LTXX out for scratch...
Obviously not a good day....

Holding
TMAR
TTLN

Regards, Mark