Biotech Values

[oldberkeley]

Microcapfun: My thought exactly after I read the article. I think the key concept about trading revolves around the simple words you use, "a lot." It means one thing to one person, another to the next.

The speed limit is posted, it's a fixed number, obey it or not it is what it is. I have a friend who is a true,90's-dot-com-stock market's a rocket-style trader.I can't believe how his stomach handles it, I would be vomiting blood by lunchtime the first day!

At the other extreme, my dear old Aunt Betty just died at 100, she still had stocks she'd purchased in the 1950's.

As you say, IMO the best results are obtained by not forming personal relationships with these things, setting goals and limits, paying attention to the price, settling for decent gains and accepting the hopefully occasional moderate losses.

http://www.investorhome.com/daytrade/profits.htm