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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Linda T who wrote (30922)4/5/1999 11:22:00 AM
From: Joe Hoek  Read Replies (1) | Respond to of 120523
 
Linda - I know that frustration - sold ABOV at half of what it's at and DBCC at 18 right before it went in the 40's and 50's. Paper trade all the picks that you don't have enough cash for. It really helps, and keeps your feet on earth when you do a few paper buys and the stock tanks. Of course the ones that double and triple and you only have a fake trade will make you pull your hair out ... <g>

Keep a spreadsheet and check how you would have done. When I do a "paper buy" I pick my entry and take the highest price in the next 5 minutes as my entry point - reverse for a sell - keeps things "honest".

It really does help, and I need to do more paper trading to stay on top of things.

Good luck