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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Dave O. who wrote (368)6/9/1999 1:15:00 PM
From: Ken Adams  Read Replies (1) | Respond to of 18137
 
Hi Dave,

I certainly agree with you. This is exactly how I like to trade, and the sort of profits I seek. I'm fairly comfortable with it.

You're not going to see low priced stocks move 1-2 points intra-day very often. Thus,
they don't present "big" profit opportunites but they often are a low(er) risk trade and
limit a trader from potential major losses. And making the consistent $75 to $100 per
trade adds up. The home runs are nice but singles add up too.

If my confidence is high, I'll sometimes use margin. Not often.

Ken



To: Dave O. who wrote (368)6/9/1999 1:48:00 PM
From: SteveJerseyShore  Read Replies (1) | Respond to of 18137
 
To "grab" those 1/8 and 3/16, you must have an awesome system.
Need at least two screens,Windows 98(so you can use 2 monitors on 1 computer),fast execution(T1?),no discount trader allowed,backup ISP,etc.
How much you talking per month,before one trade? This can be an expensive hobby;o)
SjS


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