
04-28-2007, 09:03 AM
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Super Member
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One thing to note
3 of the best plays I have had during this expirement have been achieved by being able to be sitting in front of my computer during the trading day. I am able to do this at the moment because I am a contract worker waiting for another contract. I do not think I would be able to play the market with this much success during my working periods. Be that as it may I still believe with proper money management and well positioned stop losses or trailing stops in place should keep me out of trouble when I go back to work in May.
The expirement has been a very good learning tool for stock selection and for the last 2 plays has afforded me the luxury of picking stocks and working on adjusting stoplosses and trailing stops to achieve gains worth taking but yet afford some wiggle room for the stock to move.
The picking of stoplosses and or trailing stops is crucial if you cannot watch the market all the time during the day, and expect to be profitable in this game called the stock exchange.
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The only bad question on investing in the stock market is the one that is not asked.
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