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Strategies & Market Trends : TradeStation - Why No thread for this mega product

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To: Ron who wrote (144)8/20/2018 1:26:19 AM
From: John Pitera  Read Replies (1) of 147
 
Hi Ron, Larry's perspective is that day trading and scalping does not make you rich his timeframe is 5 to 7 to
14 days and in some cases much longer.... but of course it depends on whether you are trading stocks, 3X
weighted ETFS, options, bonds, Futures... convertible stocks.... FX, spot, forwards...long dated if you
have the banking connections....

one area that is really under rated is spread trading in futures, as well as doing things like crack spread
this was a good year to that where you had a super big spread between RBOC, $wtic and heating oil.....

It's very important to focus on a narrow range of vehicles that fit your trading midset and also the trading and
investing approach has to be in sync with the individual's 4,comfort level, "emotional IQ" and personality
type. consistency is quite important.

.There is so much quality information out there that what is really needed is a world class aggregation
site like the drudge report and the real money, real politics, real history etc website that is a web aggregation
site ... started by "suprise" a CBOE options market maker and another Chicago financial guy.....

my best regards,

John Jacob.
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