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

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To: stockycd who wrote (21207)4/15/1999 8:38:00 PM
From: Brian Hornby  Read Replies (1) of 44573
 
Err - I hate to say this but I am a position player.

Furthermore, I feel position trading is easier and you are more likely to make a profit than day trading. Most people who try to day trade end up getting blown away. A few are successful, like Patrick. The only money I ever have made trading is position trading. In any case - it is all in the time bar you are using. If you day trade, you have to be fast on your feet and use a bar of 1-10 minutes or so. Also do your TA quickly, make objective decisions quickly, and keep your emotions down. Position trading you have a whole night to evaluate and think after every time bar. I find it easier personally.
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