| BUSINESSWEEK ONLINE : NOVEMBER 1, 1999 ISSUE | ||||||||
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| BUSINESSWEEK INVESTOR -- THE BARKER PORTFOLIO
George's Rules of Day Trading KEEP COSTS LOW Don't pay for training, software, or subscriptions. All you need is a plain PC, a standard Internet link, and a real-time quote service. FOCUS Track a few stocks, perhaps four, that have been trading in a daily range of at least one dollar. Pick relatively quiet stocks, without constant news that blurs your vision. PLACE LIMIT ORDERS ONLY Always specify your exact price to buy or sell. AVOID NASDAQ Listed stocks, especially those on the New York Stock Exchange, seem to offer better executions than over-the-counter shares. MAKE THE CASH REGISTER RING If you have a profit, take it. DATA: GEORGE HENEL _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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RELATED ITEMS Not All Day Traders Are Looney Tunes TABLE: George's Rules of Day Trading INTERACT E-Mail to Business Week Online | |||
