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Strategies & Market Trends : DAYTRADING Fundamentals

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To: wallstreeter who wrote (2757)8/15/1999 11:23:00 PM
From: Dominick  Read Replies (1) of 18137
 
wallstreeter:

What was the trend of Nasdaq and what was the position of the Index within that trend?

What was the trend of the industry or group of the stock your trading?

What's the average daily range of the stock?

What's the average time of day the stock reverses?

How many 1/8ths does it move when it moves up or down?

Are you day trading or are you just taking pot shots at moving targets?

Your odds will increase if you can answer the above.

Dominick
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