StockFetcher Forums · General Discussion · New Here and Need Encouragement<< 1 2 >>Post Follow-up
marine2
963 posts
msg #67803
Ignore marine2
9/26/2008 5:34:44 PM

This is a wonderful day traders environment. Huge roller coaster rides. Follow the short trend and be successful. Cash is king. Pile alot there for now and play the day traders game.

jimhbutton
104 posts
msg #67838
Ignore jimhbutton
9/28/2008 9:58:01 PM

"Get In, Get Out" is the only way I trade. The Market is too volatile to be playing games in the middle of the interstate. As TRO wrote on another thread:

"You take whatever profit you can whenever you can. You do NOT know what's going to happen next. You will leave money on the table. So what? It's like breaking and entering, the longer you take filling up your bag, the more likely you'll get busted. SMASH, GRAB and RUN!!"

I like small consistent and predictable gains. I don't mind bunt singles and doubles as long as I can do it daily.

And when I do trade I stick to TRO-inspired stat filters. I make sure the numbers and probabilities are stacked in my favor.

Plus I always check the trend, to make sure it's still my friend. Always ride the tide. Why swim upstream?

Get back on that horse when your confidence is restored. We've all been bucked early on.

StockFetcher Forums · General Discussion · New Here and Need Encouragement<< 1 2 >>Post Follow-up

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