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Strategies & Market Trends : DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS

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To: KymarFye who wrote (200)6/5/2001 10:51:03 PM
From: deronw  Read Replies (1) of 565
 
KymarFye,

Thanks for your thoughts. While it is often too easy to get caught up in making excuses for lackluster trading, I do strongly believe that the markets have been difficult to trade in recent weeks. I attribute this primarily to the light volume and tight trading ranges we have been seeing lately. No matter which side of the markets we have been on, the low volatility has caused us to shift to a strategy of just trying to end each day net positive, no matter how small of a profit. In my opinion, to try to hit homeruns in this market is asking for trouble because the follow-through that is necessary does not seem to be present. But when it is, rest assured we will be aggressive and step up to the plate. In the meantime, we will take what the markets give us and live to fight another day!

Deron
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