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

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To: Stoctrash who wrote (35713)10/8/1999 7:15:00 AM
From: Tom Trader  Read Replies (1) of 44573
 
>>BTw..if you want a good daytrading system...do the opposite of my add on trades when I add to my position signal, easy 10 points to be made!! LOL!!<<

Sound like a good system, Fred:)

Seriously though, I know of an individual (who shall remain nameless) who takes his largest positions in the market both long and short doing just the opposite of the stated opinion of another individual on SI (who shall also remain nameless) as to the direction of the market. The more strident the opinion of the person as to where the market is headed, the more aggressively he takes a contrarian position.

He has been doing this for the past year and has been making good money!! I am serious about this -- and it seems to have worked so well that I am almost tempted to follow his lead.
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