Trade What You See, Not What You Think Message Board

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Strategies & Market Trends : Trade What You See, Not What You Think

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To: LemonFlavor who wrote (150)	11/4/2000 6:17:47 PM
From: Threei	Read Replies (1) of 867

The way I see it this is the style that Vadym and Chris use most of the time. Again, I think it's about definitions... I would rather define our style as following: We try to determine is stock is trending or trading in the range. If it's trend we go with it and buy new high or short new low. If it's range, we trade within it as long as range allows tradeable movements. Momentum in this approach is something that carries stock within the range or takes it out of the range and serves as vehicle, nothing more. We don't try to do pure momentum trading in a sense of scalping any wave of buying or trading only when huge momentum appears (like 1 year ago). Vadym

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