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Strategies & Market Trends : Daytrading Psychology
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To: russet who wrote (40)12/4/2000 2:45:34 AM
From: Brandon   of 104
 
I think back to an interveiw I read with a trader from the CME, he was at the time the largest lumber trader on the floor. And one of his comments (and he was serious) suggested he didnt know a thing about what he was trading. He said, I always wondered why they pay more for lumber thats painted green. For an investor and position trader it is pretty important to know your stock and as much info as you can. However, for a short term trader careful attention needs to be paid to how its moving and not a lot else.

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