Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 175.02

-3.3%

Dec 12 9:30 AM EST

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To: Len who wrote (5757)	1/23/1999 3:58:00 PM
From: Trader J	Read Replies (1) of 56535

Len: Good points. Your point about "day" trading is especially accurate. I prefer to break day trading into two categories: 1) Scalp Trading 2) Intraday/Interday trading or position/swing trading The truest form of day trading comes from #1 above but requires constant attention, and focus on the screen at all times. #2 presents the best of both worlds and there are a thousand different disciplines and approaches to making it work for you. Goals, goals, goals ...... I cannot reiterate that enough. Next to discipline, these two items will determine your ultimate success or failure ... even without any DD. And as Len says here, finding a stock and playing its peaks and valleys is a very lucrative tactic. I have about 5-10 issues that I feel I can trade at just about any time should nothing be on the move. Get to know a few issues like these and learn their patterns. Trade well. TJ

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