Psycho: I think you are doing it right. Regarding your questions. My goal was to show people that people should look into stock market to make money. 8 - 5 jobs will get you a paycheck but not financial security unless you are in the top 10% in the company. No other goals, I'm not doing this for money or recognition since we are in an anynomous message board and no one knows me here personally. Regarding my picks that I mention here are NOT supposed to be day-trades. Those are supposed to be held a little longer unless the price goes down below a pre-deteermined price where we wre going to take our loss. If I get a nice quick return in just 1-3 days, I take half of the money and see how high the other half can go. I always take profits on individual stocks. It is the ETFs that I hold for a long-time. In my own trading we apply multiple strategies. Plus everyone need to define their own comfort level. The key is to identify the major trend and ride it as long as you can. If you want to stop on the way that is fine as long as you get back in. Gary Smith's book is an intersting read.