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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (2382)1/13/1998 1:00:00 PM
From: Richard Estes  Read Replies (3) of 12617
 
no, just a reproducable system based more on the objective rather than subjective. I remain under the opinion that stocks can't be daytraded for decent returns and the amount of failures are large. Why fight the odds?

If you used patterns like cooper or Rashke/Conners, I understand that. If you bought and sold on an indicator, I would understand that. If your list was filtered down to stocks in a postion to give you good follow thru, I would understand that. When it comes down to Tickles and feelings, and closing out a winning trade simply because it is 4:00EST - I don't understand that.

Since I can't find any details of "DAY"trading stocks like those that have been presented in this topic in the literature. I am interested to see if random luck pays the largest part with the few winners or someone has a workable plan.
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