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Strategies & Market Trends : DAYTRADING Fundamentals

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To: TraderAlan who wrote (10917)12/16/2000 2:31:13 AM
From: TheStockStalker  Read Replies (1) of 18137
 
No offense but the scalper gets far too much attention and credit in the day trading movement.

From Whom. I certainly have not found that to be the case in any of the trading offices I have been in. Perhaps in the non trading media world but not the real trading world. It seems to me that the term "Swing Trader" is the in thing and people that only like to hold things 10 minutes are even pretending that they are swing traders. As far as I am concerned, if one does not sit through the first major intraday wiggle (true retracement) they are not even close. Holding for a straight line with no wiggle to achieve a multi point gain is the exception and not the norm. What is in Your Opinion the true definition of swing trading? I am buying the book buy the way so I hope you choose not to just answer "read the book" to find out.

PDT
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