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boca_bobby

02/15/08 8:52 AM

#1478 RE: cta751 #1477

Oh, I'm sorry JK, I didn't realize MOBE was your call. I went to my scans last night and came up with nothing. LOL It seems that my scan are pretty tight. I kind of like that because I find it's not about quantity but quality when I trade.

In the past I would tend to jump from trade to trade thinking I was going to miss the boat. I never seemed to get anywhere with that. Then in October, I went back and looked at my biggest losers. I looked at what I paid and what I sold them for. I then went back to the charts to see where I made my mistakes. Low and behold, most times my mistake was not giving them time to develop. In most cases we are talking about a few days.

So what that means to me is that most of my scans are pretty successful. My timing is just a little off. But now I am very aware of that fact. So now when I freak out about a few cent decline, I try to remember why I got in the trade in the first place. Then ask myself, "Do the same reasons apply now or was I totally wrong on this one?"

I guess what I love about trading is that it's always something new to learn. Whether it's about your research or about your character, there is always something to work on. God I love it so!

In today on ESLR and CDNS. Hope everyone has a great trading day. Now let's make that money!

Boca_Bobby