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Zeev Hed

05/10/06 4:01 PM

#473000 RE: MyHunch #472996

You probably could, I was comcemtrating on GILD reentry here at $56.75, not too far from LOD.
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investorvest

05/10/06 4:39 PM

#473021 RE: MyHunch #472996

myHunch, you must have a sixth sense trading because when I went long or short I got overextended everytime. Maybe that's the secret, use less of a $ stake. For an amatuer like me, 10% stake would be all teacher should allow. Without a teacher one would be up a creek without a paddle. I had portfolio problems because stop limits didn't work after hours and couldn't get in out out fast enough. Being a non-professional day-trader, I ran a lot of risk the pro's have tools to avoid losing money. A pro probably can guarantee a loss no more than 0% or 10% or maybe 20% with the right trading platform. I might be wrong, but this is the way it seems to me.