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Strategies & Market Trends : Befriend the Trend Trading
SPY 675.37-1.2%4:00 PM EST

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To: PB2TT who wrote (39610)12/11/2008 7:59:53 PM
From: Dr. Stoxx   of 39683
 
Good for you, LH. Sounds like you have a healthy respect for the markets going in. That is half the battle. The other half is sticking to the system!!

I'm trying to go to 100% cash every night. Most nights I keep a couple of small positions on out of fear of catching the opening gap...and mostly I've been wrong. Very choppy day to day here since hitting the November bottom. But the intraday stuff on various time frames has made for good trading.

I really like the idea of pairs trading the ultra's. But the issue of when to put on the trailers is tricky. I've fallen in love with the trailing stop...best invention since the price alert!!

More on that later...TC
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