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Strategies & Market Trends : Level II Trading

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To: ExCane who wrote (138)2/9/1998 9:18:00 PM
From: DRRISK  Read Replies (2) of 1086
 
Alex,
I am an investor who feels compelled to master the next level of market information to improve my profits and skills in investing. I do not consider ("I just assume Drrisk is a soes trader, not sure.") myself a SOES trader but am capable of that type of activity if necessary. To be fully divulgent I feel that the market for me is a life experience that is to be assimilated. I know that information is power and that is my reason for assimilating the Cyberbroker experience. I fortunately have the resources to venture out into this area and will devote myself, hopefully with the threads input, to mastery of the incredible information that these systems provide. I am not an expert and certainly do not want to be seen that way. I am, however, always looking for competition that permits me to express my own need to succeed and master new frontiers. The market is changing and the future of this type of trading will forever give the individual investor greater control of their money and greater leverage for their money. I am not niave to the greater risks but I would rather take the risk then be led by the nose by other people who say they have my best interests at heart. My approach is not better or worse then anyone elses here, just my approach. This technology can only make you smarter and maybe richer or maybe poorer. We will see.
Traded Cisco today and watched the market turn, was not in sync and held shares overnight to retry my rhythm tomorrow. This is clearly not a daytraders approach. BTRD was hammering the ask all day with large blocks. The resistence at 63 1/2 was impressive and clearly lined up all the MM's I failed to follow closely enough this pattern and purchased at higher levels it tested this level several times and bounced.

DrRisk hanging tough and appreciative of the strategy talk
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