The Final Frontier - Online Remote Trading Message Board

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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (3946)	5/4/1998 7:48:00 AM
From: steve goldman	Read Replies (3) of 12617

Irby, This goes back to my angrily-received argument that most individuals do better with other hybrid forms of trading than day trading. Perhaps you have a better eye as a swing trader/position trader...One trader/client we had got crushed two years ago when tech collapsed, when IBM was 1/2 its price, INTC was 60, pre one? or two splits. Nonetheless , the trader realized that seeing accumulation distribution over a slightly longer period was easier for him and thus has done wondefully adjusting from trading for 1/8s to being a quality position trader. Disciplines are similar but downside stops and upside targets are off as well as the selectivity must be more rigorous. I have always felt that day trading should have aplace in a traders portfolio but not a big one. Regards, Steve@yamner.com

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