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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Jan Crawley who wrote (58760)5/26/1999 10:35:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Jan,

>> if I do the zero, then I may not be able to see them so clearly. It's a mental thing? correct? But I do like to try it one time!
<<

I think to trade 1k shares without getting an ulcer I need two conditions.

1- prove to myself that I know what I am doing by building my little account from 40k to 200k by doing small trades and increasing gradually.

2- use rigid stops and quit for the day after a losing trade.

But also the larger shares should be done only in extreme conditions. Like when amzn had its mid-day upward reversal today. Or (on the short side) when/if it goes to 180 and gaps up 10 at the open.

You can tell I am describing HJ's style. It's obvious he's the master at it. Maybe there are others, but they don't post.



To: Jan Crawley who wrote (58760)5/27/1999 10:02:00 AM
From: John Donahoe  Read Replies (1) | Respond to of 164684
 
RE: I don't know how to add another zero; if I do the zero, then I may not be able to see them so clearly. It's a mental thing? correct?

Before you add that extra zero read this book by Jacob Bernstein on the mental aspects of trading. I think you'll find it helpful.

amazon.com