The Final Frontier - Online Remote Trading Message Board

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

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To: Richard Estes who wrote (2407)	1/13/1998 7:32:00 PM
From: Robert Graham	Read Replies (1) of 12617

Tape reading is likely a part of the successful day trading "system". A good tape reader has been at it for a long period of time. This is at least one not readily reproducible part of the system, at least with respect to newcomers. I do not think you will find traders down on the floor with their PCs and TA reall-time charting software. This is why I think they rely heavily on the tape. Day trading is not floor trading, but I think there are more simularities than differences, since both are trading large blocks on intraday price fluctuations. Bob Graham

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