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Strategies & Market Trends : Level II Trading

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To: Nazbuster who wrote (190)2/19/1998 7:22:00 PM
From: DRRISK  Read Replies (1) of 1086
 
I do not feel that it is overkill and sincerely do not see myself as a daytrader but maybe a position trader or who the hell knows. Because I carry some long positions. I am evolving and hope to become even more sophisticated as time goes on. The data is clearly learnable and the Cybertrader folks have developed a less robust program that I have not seen. The key for me is that I can execute within 1 second and hit MM's when they are hanging out on the ask waiting a price move. They are very clever though and it is a battle of wits. At least I have no intermediaries to blame for my lousy trades.

DrRisk
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