News Focus
News Focus
Followers 1062
Posts 44342
Boards Moderated 3
Alias Born 07/07/2002

Re: leekramer post# 46195

Saturday, 11/16/2002 8:17:05 PM

Saturday, November 16, 2002 8:17:05 PM

Post# of 704041
leekramer, if you noticed my day "trading style", I would have taken the bucker, maybe maybe, if the momentum was really strong, the double bucker (only in a stock I know like COCO or EXPE). In a new stock, one I trade back in after a long time, or a new "experiment", the bucker is great, a stock under $10, the half bucker is "victory is mine" battle cry (g). Mind you, many of my trades are sub buckers, these are part of the 40% trades i expect not to be successful, often, I will abort the trade (sometimes, wrongly) before it turns into a loss, and thus et only a dime or two, sometimes, even a loss. I think the biggest mistake of day traders is that they turn into "LTBH" when a stock moves against them. I am doing three type of trading, daytrades, like a bull fighter, swing trades, like an acrobat, and long term trades, like a philosopher. Unless one can mark each trade when opened and tagged it as to what is "the plan", and change one's psychology (between these three characters) with each type of trade, traders are going to be doomed to be LTBH in their losers, but take only the smaller buckers profits from their winning trades.

Zeev


AZH

Where Real Traders Talk Markets

Join thousands of traders sharing insights, catalysts, and charts.

Join Today