DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Threei who wrote (13579)	8/16/2001 9:18:01 AM
From: catman	Read Replies (2) of 18137

Threei... Vadym, I agree with you that TA might not have been intended for looking too far ahead, but I think the bull market created many traders who thought it could....I guess in an uptrending market, you can look a little farther ahead... but in this environment I try to stay focused on a much shorter time frame. I use TA much the way you describe on an intraday basis, and I am trying to venture into more swing trading opportunities, so I am constantly refining my techniques as well as getting a better understanding of the many TA indicators. The most difficult aspect for me as a day trader is adhering to the guidelines (the "if" and "when" scenario), but I tend to believe that is also one of the hardest parts....sticking to the rules.. My interest in getting further involved in swing trading is that I might be able to leave more of the emotion out of the equation by not having to make split decisions, and just trade on technical indicators... I would appreciate any opinions as to the direction I am taking. Anyway, thank you for your input....the race is about to begin.....Good Luck Scott

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