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Strategies & Market Trends : Trade What You See, Not What You Think -- Ignore unavailable to you. Want to Upgrade?

To: shneed who wrote (106)	10/23/2000 9:11:07 PM
From: Threei	Respond to of 867

Alex, My amount of trades per day is very market dependant. In active market which we had during fall - winter 1999-2000 I used to make as many as 30 -35 a day. In this kind of market we have now I make way less, anywhere from 3 to 15 (rarely over 10). 80 seems awful high to me, it's hyperactive trading (although there are highly successful traders that trade this way, but they are rather exceptions). Trades called by RT... please keep in mind that calling trades for the room and making them are two different animals. We avoid calling low volume stocks although I myself could take the trade... the same with some too volatile ones etc. Responsibility for OPM (Other People Money) leads to caution. Holding period: anywhere from minute to hours. Depends on kind of trade. Soemtimes we manage to catch up early stages of accumulation and it takes couple hours for stock to explode. Price action defines my holding period, not time itself. Typical amount of loss: 1/8 - 1/4 is what I lose on most stopped out trades. Hope this helps. Vadym