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United States Natural Gas Message Board

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  • do.john67 do.john67 Sep 4, 2009 11:01 PM Flag

    Din't have enough nerve to stay...Cashed

    Hey, congrats to you on this trade. I know that there have to be more times that you pick trades that go south rather than straight up, just the nature of trading. Most day traders lose their shirts.
    I would be careful with this one, tends to spike quickly, and you can lose a bundle if you guess wrong.
    I held a long position with QLD all year, and would trade additional shares to make a little extra. Despite the techs rallying all year, the shares that I traded I made far less than the money I made from shares that I held long.
    The market is tricky, and I admire anyone who has the ability to consistantly outperform it by trading. I figure it is better to do your homework and hold long positions until time to take profits, and if there is a need to gamble, take a week off and fly to Vegas.

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    • Yep thats right. The more you trade the more chance of error there is IMO. Theres always better traders to be beaten buy and we all know who they are.

      Think, Think, Think, then trade and then think some more then sell cash.

      Yeah man it sucks,

      especially here

      Gl and just sayin my guesses you know

 
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