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Strategies & Market Trends : Sharck Soup

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To: besttrader who wrote (27437)6/13/2001 1:44:46 PM
From: mish5000  Read Replies (1) of 37746
 
Knight:

I didn't say that I have had an awful month, I just haven't had a succesful month of solid gains. I don't consider a month of 30 cent scalps good trading....

My point was that, if you look at the trading range of the NAS in the last month - the spread is a mere 150 points. All the months spikes have come in sharp sporadic moves - and if you werent on the right side of the trade at the right time, it has been almost impossible to get a decent gain.

It's too risky holding both Longs and Shorts over night and TA (as Dave G correctly pointed out) has been nigh on useless....

Awful, directionless market.
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