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Frank Pembleton

06/18/03 7:43 PM

#214 RE: Ed Monton #213

tf ... more risk adverse and a little less patient than me

Ha ha ha, that's a total understatement! Being that I am a trader, I have zero tolerance for losses. Fwiw, if a trade isn’t profitable within the first fifteen minutes, I’ll stop myself out and buy stocks that will perform to my lofty expectations. Here's a couple of examples on how quick I can change my mind #msg-1063196 and #msg-1102976 I believe I held these stocks for less then 2 days...What am I, schizophrenic?

Numbers?

I think a person can become a professional trader if you can grow your portfolio consistantly by at least 2-3% a month.

Rules to live by:

Having a negative day? Don't worry, be happy.
Having a negative week? Be concerned.
Having a negative month? Better keep your daytime job.

Regards,
Michael.........