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


To: fftrader who wrote (8402)5/9/2000 4:00:00 AM
From: Paul Viapiano  Respond to of 18137
 
fftrader,

I agree...maybe we can come up with some round-robin questions this week and have everyone contribute...I'll spend some time working on some ideas if the trading day looks uneventful ;)



To: fftrader who wrote (8402)5/9/2000 9:18:00 AM
From: Dan Clark  Respond to of 18137
 
fftrader,

Regarding, "Obviously we can't keep hashing the same old fundamentals...", I agree and disagree. Yes, we need new topics and input. But...

Discussing the old "fundamentals" is necessary too. Many of the fundamentals are still valid. Some are less valid. Even with the valid ones, I believe that it is important to discuss the old standards with an eye to things like, "how are the old standards affected by the current market?" Also, given that everyone has access to incredible amounts of information, how do we use the old standards? For example, if "everyone" knows that a 38.2% retracement is a standard, then "everyone" will be fading it a bit. Should we look for 35% retracments for entry/exit?

Regards,

Dan.