BECAUSE WE ARE SOMETIMES BLINDED BY THE HEADLIGHTS OF THE ONCOMING TRACTOR TRAILOR COMING STRAIGHT AT US,,AND HAVE TROUBLE SEEING THE WHOLE PICTURE OF THE ROAD,ON DOWN THE HIGHWAY !SO WE SEEM TO MAKE RASH DECISIONS,EITHER TOO FAST OR JUST HASTILY.WE HAVE TO STEP BACK A BIT AND LOOK AHEAD MORE !WELL THATS ALL THE WISDOM I HAVE FOR TODAY,SEE YA TOMORROW !

JUST MAYBE WE CAN PULLOUT FROM SOME OF THE LAGGARDS TOMORROW OR THE NEXT DAY,MONDAY I PRESUME !

Thanks for the advice......we are all trying to make sense of this market.

Because that's where the money is.

You can't make a dime on a stock that stays $25 all day

Don't follow like a Sheep

Run Like A Bull  !!!!

Thanks for words of wisdom...will take them to heart!!

I found the best thing for me was to NOT watch CNBC all day long. IBD,WJS and sometimes Jim Cramer work nicely.

IBD works tremendously.  I use this for my "real" stock trading and it has not let me down yet.  Their market analysis is much less emotional and just sticks to the facts.

Just Maybe

Can someone suggest any good books on Day Trading

I read financial blogs to keep up with the markets and economy

but I trade based on charts

sometimes I am successful; sometimes I am not

 I agree.  IBD is awesome.  I have traded most of their top tens (AUY, POT, RIMM) but have done better on my own with non-top 100 stocks.  I now mostly use Stockta.com and Stockcharts.coms P&E charts as references.  I think IBD is great for the pulse reading of the market and good news coverage without the hype.

I enjoy Stocktiger.com too because I like getting down and dirty in finding stocks the rest of the world is hyping.  Good and easy watchlist that has made good money for me.