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One more thing: Discipline gives you the opportunity to build confidence. And when you have confidence, you won't mind taking a loss. You will be happy to. Because once you take that loss you will be free to go on to your next opportunity. You will have the confidence to get in there...

Plain and simple. You have to have rock solid discipline. Look at professional athletes, notice how disciplined they are. Their focus and discipline is amazing. That's what separates them from the others who couldn't make it. Plus never never stop learning. If you want it bad...

Do you remember the first stock that you ever purchased? It was a little over 20 years ago. I think that I was 12 years old. I bought a penny stock called AIR FLORIDA. It went bankrupt.

Almost everytime that my trading volume is a lot higher than usual for the day, I can almost guarantee that it's a BIG losing day for me.

When I'm not trading well, I will cut my position size in half. That helps me get back in the grove. When my position size is small, I'm not worried about having a bad trade. It won't hurt me. Then little by little, I find myself myself trading for the trade, not the money. That's...

I have always received the tax forms, even if the account was closed. I would think that they are required to send you one. But, it's a good idea to ask your broker. And write a reminder for yourself, so if you don't receive the forms you can take care of it.

Wow, did I get lucky, and it only took 1 response. I will incorporate those points into my swingtrading strategy. Thanks

You are a swing trader. You go long at 50. Two days later the stock is up 2 points. Two days after that the stock is at breakeven. (you usually risk 1-2 points per trade, you typically look to make 2-4 points per trade) Here's the Question: If your premise for entering the trade...

I love the freedom. I also like the fact that it's something that I do entirely on my own. I do not have to depend on anyone. It's just me and the market. I realize that there are many things that go into the making of "me" and the "market". But, all in all, it's just me and the...

Check out... www.wallstreetantiques.com Click on the "click here for a list of the Inventory" section. They have some pretty cool rare stuff.

Hey, why didn't my journal didn't make the list?:(

I just noticed that there is an error in today's journal. I am now long 200 shares of FR not 300. 6/02/03......B......200 FR @ 30.45........ +.1.32 The P&L amounts are correct. I just forgot to change the share number. Have a good weekend everyone, gotta_trade

Picking tops and bottoms is a tough way to making a living.

Isn't it amazing that there is not one person in the world who knows. Nothing wrong with taking a shot. But you gotta use stops.

:)

EOD: Friday, June 6, 2003 TODAY'S TRADES: Sold 100 FR 31.40...................(scaled out of 100 shares, realized .95 profit, still long 200) Sold 100 EVG 56.47..................(last scale out with $3.22 profit, closed position) OPEN POSITIONS: 5/29/03..... SS... 200 PSS...

One more question??? If we use web-based e-mail, like our "vacation e-mail site", Yahoo or MSN Hotmail. Is it still possible to get a computer virus? Thanks

Thanks

So, your computer can still get a virus even if you don't open the attachment??

Sometimes, when I'm long, I will look out the window, and a red car will drive by. Then my stock will rally. Do you think the red car driving by has anything to do with my stock going up? I don't mean to sound like a jerk. I'm just bring up a point. :)