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 (1629)	11/25/1998 5:31:00 PM
From: PeterS	Read Replies (2) of 2120

Ken, I noticed on your website and also in your profile references to "high percentage" trades/situations. As you are obviously an experienced trader, I would appreciate any insight you may give me as far as what "high precentage" really means. Is it a feel and experience thing or you actually have to do a dedicated research to quantify (statistically) a specific patern or indicator or combination thereof. Alternatively, do you use any other quantificator of a "high/percentage" situation. Are there any publications which provide this type of quantitative information such as for instance "moving average cross-overs are historically indicative of bull situation for the following xy bars (periods) in XY% of occurences for NYSE markets"? Thanks, Peter

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