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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Tom Trader who wrote (10028)12/11/1998 8:36:00 AM
From: Patrick Slevin  Read Replies (2) of 44573
 
I don't have a firm plan yet. It appears I may have bitten off more than I can chew what with Neural Nets and improved daytrading approaches.

It all requires a lot of updating and I'm now at the point that I arrive at a day trading plan from 5 approaches; I imagine the day that they are all in total sync I shall be rich and write a book.

I embrace the concept that it is not usually smart to sell into weakness. So I intend to try to find THE point where the market appears to have hit a bottom and play it up. I think there will be two such opportunities, either shortly into the day or as the afternoon gets rolling.

So if the market sells off hard for a half hour or so I'll get long. If it flounders around I'll catch up on my work and return around noon hour.
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