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

To: - who wrote (1283)	6/22/1999 11:28:00 PM
From: Hands Off	Read Replies (1) \| Respond to of 18137

Steve, Alan, ISpeculator and Quant, thanks for all your help with Qcharts, and letting me babble about my indecisiveness. Got Qcharts set up with ADX - but I kept the +DX and -DI. Steve, I have been tracking my performance since the beginning with Quicken. I can see it any way I want - but up for the moment <g>. Alan commented to Jerry that you need a plan which is what I was saying before. He mentioned 5 components of plan: 1. Holding period - perhaps whether you are day or swing trader fits here. 2. Type of stocks you trade 3. How to enter 4. How to exit 5. Filters on when to stand aside. I think these are excellent points and while I belive that one-size-fits-all type of trading is not possible, it could be possible to specify some general rules directed specifically at these issues. I would be happy to try and articulate mine but since I am an amateur it probably would not help. But I would be willing to try. What do you think Eric? Should we give it a try? Again, best thread I have ever found on SI and I have been here since 96. Luck Marshall