|
PureBytes Links
Trading Reference Links
|
Don Green wrote:
>
> I trade using E-schwab, and execution maybe 20-40 seconds.. I have found it
> doesn't really matter.. An important factor in trading is don't be
> GREEDY... I am not SOES... I buy at the market and sell at the market.
> If I lose 1/16 or 1/8 it is alright.. If you get to wired with strees in
> these matters you can be a good trader.
> Keep it simple...
>
> Regards
> Don Green
>
Let me second that motion! I've been trading for the past several weeks
using a DOT machine, which utilizes an electronic trading system for
smaller orders on the NYSE - needless to say, executions are wicked
fast. Anyway, if I had gone to the market each and every time I tried
to make that extra sixteenth of a point, the trading account would be up
MUCH higher than it is right now!
LESSON: For the want of a sixteenth, a 1/2 point move may be lost! Don't
try to be perfect, just try to be profitable!
How about that IOM?
Sincerely,
Michael Strupp
Chicago, IL
|