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

To: Richard Estes who wrote (4445)	9/27/1999 10:59:00 AM
From: Dan Clark	Respond to of 18137

Richard, the only presentor that talked about high trades per day was Lawrence Black. And, he was describing what he did, not necessarily recommending that the audience do this. Also, unfortunately this was one of the worst presentations (IMHO). The only other discussion like this was in the Marriott bar on Friday night. I had a discussion with some folks from Bright trading where they talked about making large numbers of trades. Frankly I had a VERY negative impression of these people. I would never trade there or recommend anyone to trade there. The general message from many sources was that Day Trading had risks and that you did NOT need to make lot's of trades to be successful. Most of the sessions that I went to didn't discuss scalping. The one on Cycles was intraday, but some what longer holds. The shorting seminar referred to longer term swing trades of a 2-5 days. The money management session had virtually nothing to do with short verus long term trading - just sound money management. One fellow discussed TA Indicators and how he used them; his charts were intraday and daily. Regarding futures and options, there were some sessions, but I didn't attend those. Regards, Dan.