Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Ken Wolff who wrote (1985)	6/8/1999 10:28:00 PM
From: snoop dog	Read Replies (1) of 2120

Ken--You wrote: <<Usually when I want in I want in and don't quibble much about the price. If you are scalping for a small profit then executions become paramount and going for the bid is a good idea. Hope this helps>> I've been lurking and reading your thread for a while now and wanted to ask you a few questions. I'm considering "scalping" using Level II and Cyberbroker because it seems like a low-risk, consistent way of pulling money out of the market. You seem to look for greater price swings. Do you know people who are successful at scalping, and where can I get more information on appropriate tactics? Do commissions make scalping impossible? Ken--you are one of the few people out there that operates a productive, informative thread so I'd appreciate you input. I'm starting my account out w/about 75k and will be trading on a simulator until I'm comfortable. Also, do you recommend starting in a trading room or remote? Thanks!!

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