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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: John NY who wrote (114770)	10/5/2000 11:23:06 PM
From: John NY	Read Replies (2) \| Respond to of 120523

Don't agree with trading being "simple" in "Trading for a living: The Biggest Lie of All," posted a couple of days ago. I get a trigger, -find the stock on my list, -try to determine what type of trigger it was by: -looking at daily and 2/5/15 bar charts for a setup: -breakout, 3/5 bar bounce, others, -find the 20/200/50 MAs on the charts, -look for MA support/resistance then -diagonal and horizontal trendlines S/R, -check tick, trin, naz, sp, index of its group, then -the futures, -check level II for depth at bid if going long..., -look for prints in my direction on time & sales, -am I at a reversal time of day, -is my internet connection reliable and OLB responding, -find a target for exit and stop, but the futures turn on a dime espeically lately, if I wait for the futures, the stock ran away or reversed, too late, find another and the chase continues until it all comes together. Or like today, I skip some of this or the market is whipsawing all over the place, and get seriously burned. So with all of this, I'll be trading maybe once a day if I'm lucky. I'd be interested in hearing other people's process. Is this what others really do? Some people trade many stocks simultaneously - how?