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Strategies & Market Trends : S&P Index Futures (Daytrading SP)

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To: VALUESPEC who wrote (61)12/10/1997 7:37:00 PM
From: ratan lal  Read Replies (1) of 350
 
Valuespec

<< Rule note: don't be surprised if I don't often don't follow these "rules". I'm always
experimenting myself. >>

Rules are meant to be broken. And I always break them - stupid stupid stupid. When will I ever learn.

Here are some of the things I do (or try to).

Tech indicators are almost always right.Everytime I violate them I pay

Look at SEA markets overnight and discuss them here.

Look at currencies. Stronger $$ higher market. (I think).

Check Tick and Trin. If Tick -ve and Trin +ve you are in for a down day like today. Go short or stay out. Dont go long. Risk reward ratio is against you in long position

Dont panic. If you have done your homework you should be rewarded. if you feel you made a mistake in your work, find out the mistake, the potential cost and act conciously.

ratan
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