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Technology Stocks : BroadVision (BVSN) -- Ignore unavailable to you. Want to Upgrade?


To: VIXandMore who wrote (1475)5/3/1999 2:16:00 PM
From: Philip Ng  Read Replies (1) | Respond to of 3773
 
Bill, no offense intended but my alarm bells always go off whenever I see fellow investors getting too emotional about their stock. So I feel motivated to put in my 2 cents worth.

I also like this sector especially as the internet moves towards "personal portals". BVSN is the current leader of this group and I'll pick it over VIGN and NETP at this time.

The trick to keeping commissions down is to set trade points that are relatively wide apart. I usually won't make a trade unless the stock has moved 10-15% either way. And then, I only buy/sell up to 5-10% of the total holding. And the commisions charged must be less than 1% of the trade, which is now very possible with low commission online brokerages.

Also, another discipline I employ is to try not to place orders during the trading week. I usually place my trades on Sat or Sunday with limit orders GTC at prices that make sense. I find that this gives me more time to think a little about the stock before placing a trade.

cheers
Philip