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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Ken Wolff who wrote ()1/5/1998 2:05:00 AM
From: Ken Wolff  Read Replies (1) of 2120
 
I like to patiently allow the Market to bring a high percentage
trade to me and I general make fewer trades than most traders. I have found that commission tend to eat up profits with a busy daytrader making 10 trades per day to catch 2 or 3 winners.

I always like to know the percentage I can expect with every trade before I do it.
If I don't know how a particular type of trade will go most of the time , I STAY OUT!

Ken
mtrader.com
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