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Train Guy

10/08/02 11:11 PM

#33541 RE: sarai #33517

You'll notice the ones that appear to be the most reading challenged are the ones tyring to hold jobs while hanging out at a day trading board. Or don't for whatever reasons do their own homework. Now, let me get this straight, he's going on a trip and not going to be able to "watch" things, and doesn't have stop losses? I must be missing something here. And we're going to assume he's single. Otherwise, wouldn't you leave instructions with your other half on what to do.

Stock trading entails educated risk management. I think too many people looking for a free ride are leaving out the educated part, and then throwing the risk management part out the window. Zeev is going take care of that part for them <g> Suuurrre. It just baffles the imagination.

I've said it before and I'll say it again. The hardest part is learning how to handle the risk. I've never had a problem finding good trades. That's easy. The hard part is the risk. And the hardest part about that is just being plain stupid. You know something is stupid, and yet you do it anyways.

So you're following the predictions of somebody on a day trading board, to try and do longer term trades. You can't closely watch things and yet you don't use stop losses. And then you don't understand what went wrong. I think that is a little more than just reading challenged. <g>