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Re: michael t post# 64065

Friday, 02/02/2007 4:38:48 PM

Friday, February 02, 2007 4:38:48 PM

Post# of 173791
Michael t..

As most of my positions are IRA's I agree with you about timing the market but Trading in my trading account keeps the jucies flowing and enhances my attention to the positions that really matter..VMC type stocks I believe can not be day traded and any positions taken must have an entry and exit point in order to be rewarding investments.. Some sell half on a double but,, I believe that if a stock is bought with the purpose of building an account of value,, holding and molding is the way to go.. As I sector trade my Opp. are more limited because my universe is smaller,, but I have no problems piggy backing some one elses ideas.. doing that I do have a problem as when to sell as I am not time invested in DD... What ever works for you do it but DD and diversification are your best tools... But never Ave down,, don't be wrong twice.... Keep notes of each purchase and sale and the reason for each decision.. Reread those notes over and over and compaire your trades with the market price,, Finding out if you were wrong in your decision is as important as your inital reason to make the trade ,,, hank



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