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

To: ig who wrote (4200)9/19/1999 9:18:00 AM
From: TraderAlan  Respond to of 18137
 
IG,

<the faster you can play, the more opportunities you have>

And the more opportunities to screw up because you were too fast on the trigger and didn't allow all the info to reach your brain before you fired.

Alan



To: ig who wrote (4200)9/19/1999 1:07:00 PM
From: Dave O.  Respond to of 18137
 
< A fast player can do everything a slow player can do, and more. A slow player can only do what a slow player can do >

And a "fast" player can also lose money faster than a "slow" player <GG>. I believe a "slow" player can create situations where the probability of success are much higher than a "fast" player on a longer term basis. A quote from a running poster: "The race is not always to the swift but to those who keep on running".

Dave



To: ig who wrote (4200)9/19/1999 10:00:00 PM
From: scanshift  Read Replies (1) | Respond to of 18137
 
A fast player like yourself has the ability to absorb information both visually/audio (i.e. CNBC commentary) faster then the slow players. I agree with your analysis completely. I am interested in what is your systematic scan patter to absorb this information? How many items of information are you monitoring, how consistently are you monitoring them, and what is your criteria for changing those items of information that you monitor?

Thanks.


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