DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Apakhabar who wrote (10911)	12/14/2000 4:34:49 PM
From: TraderAlan	Read Replies (5) of 18137

Ap, <My thought is that obfuscation is good for traders, second in importance only to volatility> I'll go look up o-b-f-u-s-c-a-t-i-o-n in the dictionary <g> but I want to go out on a limb here and say that its a misconception that volatility is good for traders. There is plenty of "that" and liquidity to go around. I'm not all that sure that most participants are smart enough to overcome the lack of directionality in volatility, ie they are wrong as often as they are right about the next swing. Much more important is "predictability", ie having something in the landscape that allows inefficiency to translate into opportunity. No offense but the scalper gets far too much attention and credit in the day trading movement. Many folks prefer to avoid that psycho environment and play the numbers in a less stressful manner. Alan

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