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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
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To: Street Walker who wrote (333)1/19/1998 1:24:00 PM
From: Bilow   of 2120
 
Regarding multiple monitors. I think that is the claim to fame of
Appian. And windows '98 does support multiple monitors on one
machine, I hear.

Appian link:
appiantech.com

I'm looking into getting a level 2 system. Thanks everybody, for
the comments.

I especially like to trade bad news stocks. I like to look at the
SEC filings, and then jump in. Up to now I have had to take
week/month long positions, but with the market acting weird, it
might be time to switch to day trading. For this, I need a better
quote system, and as long as I am going to do it 7 hours a day,
it has to be level 2.

I plan on watching for a week, only making plays I would have
anyway, then paper-trading on the new ideas. Seems like
discipline is the thing. (And lots of luck.)

-- Carl

p.s. I agree on BBs. Stay away, especially if you have a tip from
a friend. Same goes for thinly traded stocks, (my last exception
was a positive experience with MRIA. Its a trip to be responsible
for all the volume in a stock for a day.) Same goes for
stocks with big spreads relative to share price and volatility. In
other words, a 1/4 spread on a $5 stock with low volatility is death.
On a high volatility $100 stock it is cheap.
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