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

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To: steve goldman who wrote (4076)5/10/1998 8:10:00 PM
From: dpl  Read Replies (1) of 12617
 
Steve,it depends on how one trades.If someone is going to scan the news and "chase" a stock because some "good" news just came out with the hope of getting in before everyone else then good luck to him.
The way I and a lot of other traders trade is using a "system" that is "right" more than 50% of the time.News to us is worthless.More than half of my trades are in the opening on days that the market opens up or down a lot.I have no idea at the time what the "news" is.
It al depends on how one trades.There is no right or wrong way to trade.

David
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