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Strategies & Market Trends : LastShadow's Position Trading

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To: MrThesp who wrote (11832)3/31/1999 12:07:00 AM
From: Jeff Sutton  Read Replies (2) of 43080
 
RE: #daytraders

It all depends on your trading style and your ability to filter out the wheat from the chaff ... you'll get dozens of buy and short recommendations every few minutes, waves of Hype and Fear and Greed all scrolling by at breakneck speed.

The room has a few leaders with different trading styles (Cheetah is the room's general, I think all would agree). I suggest taking a look, watching the major posters for a few days, and taking everything with a huge grain of salt.

That said, you do get some early calls there on some hot stocks ... but just as often you get junk stocks artificially pumped up for a bit before they POP and deflate.

Only for the trader who can stay glued to the screen all day.

Have fun.
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