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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (11821)3/30/1999 9:03:00 PM
From: Dave Shares  Respond to of 43080
 
Sue,

Some on this thread are "full time" traders,
who can post their moves as they make them.

Others, like me, are occasional traders,
and so timely posting is not feasible.
I'm lucky sometimes to be able to get
a trade executed in the middle of the
day (and sometimes I wish that I hadn't <g>)

Posting your trades can be helpful
learning tools, but I always emphasize
that one must have his/her own plan for
entry and exit, to follow the actions
of another is very risky. And I mean
that with no malice towards the reputable
posters here, like yourself, but let's
face it, when one trades, one is trading with
his/her own money, and one must make
decisions accordingly.

That being said, when I see a reputable
poster here enter a trade, and my own
review shows that it looks good for
entry, I may very well get in, but it
will have been my decision to get into
the trade.

And when I do not enter the trade and
the stock takes off, I always feel good
for the trader that put the trade out there
for others to see. And even though I will
have missed that trade, there will always
be another one.

Peace and good wishes always,

David



To: Susan Saline who wrote (11821)3/30/1999 9:07:00 PM
From: AlienTech  Respond to of 43080
 
>>But many here ... me included, are sitting on dead wood ... that takes up valuable capital. That is not good. If people start posting their LOSSES/exits also ... it becomes a normal part of trading ... and it must be, for any trader to become an excellent trader.<<

Guess that means I should have sold my NETA @ 31 and kept the BEAM I sold at 10.. hmmm something wrong here.. But I am with dave also..