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


To: Leland Charon who wrote (1523)7/4/1999 9:11:00 AM
From: TraderAlan  Read Replies (1) | Respond to of 18137
 
Leland,

I only day trade right now. The last position I held overnight was summer of 1998. Although I'd like to return to some position trading, I find it very difficult to mix time frame strategies mentally. I'm doing fine buying/selling long term positions in my self-directed IRA. But all that happens when I think "1 to 3 days" is I sell out as soon as I have a profit.

I haven't traded an Internet stock since last year. Can't manage risk with them. The media equates day trading and Internet stock trading but there is plenty of other volatility out there that offers better executions and cleaner price movement.

Alan