Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Ken Wolff who wrote (706)	3/16/1998 12:28:00 AM
From: jeffrey	Read Replies (1) of 2120

I have just joined and read through all of the messages in this thread. It certainly is very educational. I recently started trading using level 2 but am only trading 100 shares at a times to learn and limit my risk until I know what I am doing. You've indicated there is sometimes no rhyme or reason to the MM activity but in actuality it is like a game of chess or bridge in which you have to learn who your opponents are. Individual MM control different stocks even though they all trade in every stock. Its neccessary to know who they are and what they are doing. If they want to buy or sell you don't want to do the reverse of what they are doing because they know where the stock is going. Can you please comment on this and also if you have a particular strategy for stock split announcements and the dates before and after spliting. Thank you very much. Please add me to you mailing list also. I will sent a separate e-mail regarding that. thank you

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