The Final Frontier - Online Remote Trading Message Board

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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: 1stSunRay who wrote (606)	10/26/1997 7:40:00 PM
From: GeneM	Read Replies (1) of 12617

1stSunRay: I think what irby is trying to determine is whether or not you are trying to portray your theories as those of a day trader. Personally, I think what you espouse is valid, but more for position trading than day trading. For example, I could not imagine trying to day trade without using Level II, you give up way too much to the MM's without it. I have been day trading for about 3 years now, and would find it near impossible without Level II. However, even as (what I consider a pure) day player, I have been forced (emotionally) into a position status; but, what it does is decrease (even though for a short time) my earning power as those funds might be tied up for some time. GeneM

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