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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (6463)3/28/2000 1:17:00 PM
From: MartinF  Read Replies (1) | Respond to of 39683
 
Hi Thomas:

What streaming charts/quote do you use?

What's interesting with this kind of daytrading is your cash flow, you actually make money almost like a salary. I also like the fact you don't use Level 2 and stick with charts. Tape reading is a difficult and very technical art. But having 2-3 days positions still make you vulnerable to outside hours news and possible gaps in the day after.

Wondering: would it help if you weren't always invested? Or maybe avoid shorting when the longer trend is bullish, and vice versa. It still looks like position trading DELL would have been more profitable with less commission. It's also easier for someone who works.