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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Dan Duchardt who wrote (8846)6/11/2000 1:58:00 PM
From: Dominick  Read Replies (1) of 18137
 
Dan duchardt:

The purpose of paper trading is to train your eyes through observation and develop your own trading system until you have full confidence in it. All noted in your journal.

Then you move on to actual trading with 100 share lots to determine how you react to risk, reward and variables such as time lags, software, equipment etc. All noted in your journal.

Then you develop strategies such as optimal time frames, attitude etc. to compensate for any deficiencies. And again all noted in your journal.

Bada bing, bada boom,

Dominick
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