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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Mark Davis who wrote (17463)9/22/2005 8:19:02 AM
From: werefrog  Read Replies (2) of 18137
 
Top daytraders "USE" chatrooms for tips & news to lesson their work load. They "USE" chatrooms & don't let the chatrooms "USE" them. This a learned skill.

Intelligent daytraders log into not only a stock daytrading room but a 2nd SP 500 futures daytrading room for market timing. This leads the DOW by a couple of minutes, giving the daytrader time to get a trade in ahead of the DOW actual turning.

you can scan the entire markets in realtime searching for stock plays.
And you can monitor a live news feed.
And you can get a SQUAWK BOX & monitor the SP futures, RT Calls from the floor, for current market direction.

But by the time you do all the required work to be a successful daytrader you will be very RUM DUMB by EOD, not to mention paying monthly fees.
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