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Strategies & Market Trends : Trend Setters and Range Riders

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To: Susan G who wrote (187)12/9/2000 4:44:09 PM
From: SMALL FRY  Read Replies (1) of 5732
 
BEAS-I've been "HOUR/MINUTE" trading this one... I just don't have the nerve to hold it for a whole day. Whenever I get my 3 points (long or short), I watch for signs and exit right away. Sometimes I get lucky and net 4, sometimes 2, and a couple times I netted -1 and -3/4.

In these days of uncertainty, the only people who are sure to make a profit with less risk are the market makers... they LOVE this stuff when the traders have no idea whether they're coming or going.

Keeping the powder dry,
SF
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