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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (8394)7/31/2001 11:29:59 AM
From: martin001  Read Replies (1) of 209892
 
Yeah know what you mean

When I first started daytrading I could easily
do 100+ trades a day - utterly amazing.
However when I went back over my records I realized that
I was paying out about 10k a month in commissions
that was a bit sobering to see. Now I still daytrade
maybe 10 trades a day but I definitely focus more on
trading the swings.

A wise man once wrote:

"When Elliott is displaying a potentially explosive bullish move, and sentiment is negative. These setups are infrequent, but if I were more patient, I am convinced that I could make a good living just waiting for them and trading more aggressively when they present themselves."

Good trading
M
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