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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Tom Trader who wrote (37121)10/16/1999 10:42:00 AM
From: Follies  Read Replies (1) | Respond to of 44573
 
What are these indicators pray tell.



To: Tom Trader who wrote (37121)10/17/1999 12:31:00 AM
From: Patrick Slevin  Respond to of 44573
 
I imagine you are speaking of Kevin in some regards when you are speaking of day trading indicators. I wonder what he is up to these days, he left New Jersey for Mayberry and probably got shot by Barney Fife by now.

<it obviously depends also on how much capital one is using for trading futures>

You'd be surprised, I met a guy not long ago who went from a degree from NYU to driving a cab and rolled it up into over a Million day trading the SnP and positioning the Bond. His Money Management technique seemed to have a lot to do with having been poor and not wishing to be poor again.

As you may recall, I do have targets, daily and weekly. I like them, it lends me some focus. Like you, I enjoy it. I like the challenge as well. Whenever I'm burned out I just stop for a few days. It is hard not to like a job where one can do that.

<I had a clear sell signal at 66>

I had an early signal that a break of 67 was likely and likely to be strong.....got wrapped up in other stuff and wasn't there for it.
Happens.

There will be other signals, that's the great thing about day trading, the market is always there. There are breaks every day, some small, some large.