Systems, Strategies and Resources for Trading Futures Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Pitera who wrote (29287)	8/3/1999 7:44:00 AM
From: Patrick Slevin	Read Replies (1) of 44573

They were Intraday %D Indicators on different time frames using parameters of what one might best call an "Altered State". That is, I use my parameters, and not parameters that are accepted as the rule. When they are very low, one should not be Entering a Sell Position and actually should be considering Exiting a Short. So the Twisted Logic was, Day Traders "should" be Exiting Shorts right about here. Never occurred to me that they might not know that's what they were supposed to do, so really it wasn't too bright of me to Enter a Long. Even though it's purpose was just to get off a quick scalp and not play it for any "real" bounce.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next