      stock-specific and market risk. Stock-specific risk can only bereduced through careful timing. The skill of timing can be enhanced throughcareful research of the equity being traded and a thorough understanding ofwhat causes price reactions in that particular issue. However, if thetiming is not right, a trader can lose money in any stock, regardless ofhow much the stock might be worth 10 days or 10 years from now. Remember,we are talking about Day Trading here, not long-term investing.