Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 665.67

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Nov 17 4:00 PM EST

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To: Dr. Stoxx who wrote (6457)	3/28/2000 9:26:00 AM
From: Dr. Stoxx	Read Replies (1) of 39683

NOTE: This system keeps one fully invested all the time in the market. Once a long position is closed a short position is immediately opened. It is necessary to open and close positions quickly (fast modem connection, etc.). To trade both markets at 200 shares requires only a minimum of about $10,000 on margin. One divides the $20k into 4 lots, 2 for longs and 2 for shorts. In this way one can open and close positions simultaneously. One also needs real-time charts and quotes. Level II is not needed. I'll keep the thread posted on further trades (unless this system backfires, in which case I'll slink quietly away!). Good luck to us all, TC.

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