Trading Follies of the Young and Restless

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Strategies & Market Trends
Trading Follies of the Young and Restless

An SI Board Since October 1997

Posts	SubjectMarks	Bans
48	0	0

Emcee: Dr. Stoxx	Type: Unmoderated

Introduction Compact

To all those who, like me, are new to investing: here is a thread to discuss our blunders, hasty decisions, fears, and all other forms of anxiety that plague the inexperienced trader.

For example, this morning I got caught up in the enthusiasm over an issue (OZON) that last week spiked to a double, and this morning gapped up at the open over 33%. Very unwisely I put in a market order, saw it exercised at 9:40, and then watched as nearly 20% of my investment vanished by about 10!

Perhaps some of you have tried different investing systems and can comment on those (I have tried Pitbull, and am now working with A.I.M.).

If only because misery loves company, I'd love to swap horror stories, learn from what you have learned (the hard way), and converse on reasonable strategies around knowing what to buy, when to sell, and by what age (I am 35) I can reasonably expect to retire in comfort with my millions from the stock market...

Of course, wisened and savvy investors are always welcome to contribute, so long as you display an appropriate amount of patience with us newbies to the trading game.

Wishing you all happy trading, TC.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
48	Hi TC, That's why I treat my investments as an Equity Warehouse. It helps m	OldAIMGuy	-	10/31/1997
47	Hi Tom, The last paragraph of your post says it all. That's AIM in a nutsh	Bernie Goldberg	-	10/30/1997
46	If he was buying then he wasn't fully invested in the market. That is he s	F Robert Simms	-	10/29/1997
45	Hi Bob, Thanks for your response. I called an investment broker-friend of min	Dr. Stoxx	-	10/29/1997
44	I get an investment letter from a good stock picker. He has recommended cautio	F Robert Simms	-	10/28/1997
43	Hang in there all!! This is the sort of market volatility that we have been he	Dr. Stoxx	-	10/27/1997
42	Hang in there on OZON, Pat. It is almost guaranteed that at the first news bre	Dr. Stoxx	-	10/24/1997
41	TC, I can barely bring myself to check the closing price of OZON each evening.	Pat Doucette	-	10/23/1997
40	Probably	Bernie Goldberg	-	10/23/1997
39	Hi TC, Actually, the alternate title to Mr. Dreman's book could have been &	OldAIMGuy	-	10/23/1997
38	We're getting hammered out there today! Hang on to your hats, we're in	Dr. Stoxx	-	10/23/1997
37	Hi Tom, I haven't followed OZON at all so I cannot make any recommendations	Bernie Goldberg	-	10/23/1997
36	Hi Pat, In answer to your previous question, I check my stocks neurotically thr	Dr. Stoxx	-	10/23/1997
35	Hi Bernie, I guess I must be type A too (though my wife tells me when it comes	Dr. Stoxx	-	10/23/1997
34	Hi Pat, I'm afraid I bailed out of OZON yesterday. Got out at 2. Couldn&	Dr. Stoxx	-	10/23/1997
33	Great advice, T.C.!!!! Wish I had read it before I made my goofs! Patti	Pat Doucette	-	10/22/1997
32	Hi Tom! Thanks for the tip on the Dreman book. But I wonder if, for those of	Dr. Stoxx	-	10/22/1997
31	Hi Tom, My favorite psychology book on investing is by David Dreman. <b>P	OldAIMGuy	-	10/22/1997
30	Hi Tom, As you will discover, down days are as nice as up days if you have the	OldAIMGuy	-	10/22/1997
29	Hi RFH, I'm not CARPing about my DIGI investment yet. AIM last sold some sh	OldAIMGuy	-	10/22/1997
28	Tom, SPY is the S&P Depositary Receipt or "spider" as it is known	Pat Doucette	-	10/22/1997
27	Hi Tom, The absolutely marvellous feature of AIM which you are investigating is	Bernie Goldberg	-	10/22/1997
26	Tom, I just noted on the AIM board that there is a list in a recent thread of b	Dr. Stoxx	-	10/22/1997
25	Hi Tom, Good to see you over here too! I like your strategy: set GTC's a	Dr. Stoxx	-	10/22/1997
24	Tom, You would need to invest about 100 grand to get SPY up and running for AIM	RFH	-	10/22/1997

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