Mark -- You did get a rather critical reception - which, I'd have to say, you didn't do much to deserve... but people each have their own reactions. You were put under pressure from the start, and imo you did what you felt you had to do to handle it.
Remember that this thread has been around for a number of years, and we each have an accustomed way of doing business... heck, one of our most active guys has 50+ years of experience in this game, and is still unstoppable.... g/ng.
Some years ago there was more very short term trading here, and a good deal of scalping, but gradually things evolved in the direction of somewhat longer time frames.
Your FF's in a very short time frame appear to be "smart money", a non-contrarian indicator. Question - Can they be of help in a time frame from several hours to several days? And another question, if you don't mind: There appears to be another well established "non-contrarian" group, namely, the OEX options traders. Does your approach offer an advantage over them?
Thanks. |