SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Lizard King's Trading Swamp
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Latham who wrote (3192)12/5/1997 1:48:00 PM
From: VALUESPEC  Read Replies (1) of 7396
 
Tom, my futures broker asked me if I used charts. He said I kept buying and selling exactly on one minute buys/sells, on his chart. I don't use charts, however. I try to buy/sell on extremes. If everyone is selling, and I don't think anything changed, I'll buy.

Theory: The herd changes direction and gets frightened if they are caught in a futures position in the wrong direction. As they all sell/buy on this short-term turn, the futures go up or down more then they should. I try to buy at that point. The point where they are getting lousy fills.

On crazy days with a lot of volatility, it is almost impossible to tell what will happen, so you are probably better off staying out.

I've found my best success in the morning.

I hope this helps.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News