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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (42232)5/5/1998 12:18:00 PM
From: ratan lal  Read Replies (2) of 58727
 
Patrick

I used more or less the method you described.

I use 1-tick, 5-min and 3-min charts with 2-MA, Stochastics and Momentum. Additionally I monitor Tick and Trin.

I get into a position based on the 30-min inidcator and get out when the 5-min indicator goes against my position irrespective of whether I maek a profit or loss.

Has worked great so far. And I have been punished very badly evertime I violate this rule and go with my 'feelings' or 'news'.

ratan
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