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Alias Born 03/24/2005

Saturday, June 04, 2005 12:23:05 PM

Re: lowtrade post# 14

Post# of 47285

I appreciate the candid feedback, it will undoubtingly make me a better trader. I don't take it the wrong way at all, for a newbee like myself all criticism is constructive. And I appreciate the time you have taken to respond back to me.

Well one think is for certain is that AGNT was an emotional buy, I realized after I made the trade that I didn't follow my game plan when I buy a stock. I was too worried about missing another boat. I bought due to the fact that its has been quite sometime since AGNT has reached above $1.00, should've waited for heavier volume but I was too impatient.
I usually buy stocks on a clear breakout on heavy volume, it is usually at elevated price, however I do like buying into strength. At other times I also buy when a stock bounces nicely of its support level.
My selling strategy needs to be formed far better, I find it to easy to buy stocks, and rather difficult to get rid of them. My selling strategy is simply selling when a support level is broken.



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