Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: John F. who wrote (102494)	5/3/2000 10:42:00 PM
From: Marshall001	Read Replies (2) of 108040

Funny you say that.. I didn't trade all day.. At 3:15 I bought 500 shares of HSAC and sold them AH for 750 bucks. My first profitable daytrading day in weeks. I usually trade as much as 10 round trips a day. Usually 6 or 7. Today only 1. The only advice that I can add for daytraders is this, Most of your money will be made in the first hour of trading. After that you rely on market trends and news. If you have two or three successful trades in the first hour, Go do something else. Or take the trading function off your L2 if you must watch. As I stated before, I have spent quite a few days now making some money in the morning only to lose it in the afternoon trying to squeeze a trade out of something. Especially now that volume is drying up. Nothing worse than holding something you cannot get rid of in a hurry. M

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