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: Kris who wrote (1353)	8/2/1998 4:37:00 PM
From: Ken Wolff	Read Replies (1) of 2120

Kris, Yes, the cheaper stocks are more "dangerous" as you put it.. I call it momentum and play the swings. there are two extremes, investing and daytrading. I tend to sit with the daytraders. I also stay away from the fast fast movers, low volume stocks and slow movers... I am comfortable right in the middle. The example you noted how lots of people get caught up in #DT is a prime example of the herd mentality and that very steep cliff that tends to collect traders at the bottom. Good Luck Ken www.mtrader.com

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