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

To: John Pitera who wrote (37347)	10/19/1999 2:46:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

< being short from thursday night> Perhaps....with the risk of having the PPI go the other way and holding All day Friday, over the weekend, and through Monday. Versus the length of time holding the daytrades. But I never argued that. I know catching the trend on a position trade can be very lucrative. I've also seen a lot people give it right back. I don't think there is anything wrong with either approach. Position does not work for me because I don't like to give it back. Day trades might not work for the next person because it's work. To each his own. I have to check Temple Williams site. I think he pulled down almost $700,000 last year day trading one-lots. You would need 2,800 spoo points to do that, so it's not possible positioning. But on a Dollars per hour spent he puts in far more time than a good position trader. So in that sense he may get paid less on an hourly basis.