Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: LemonFlavor who wrote (144)	11/4/2000 1:42:12 PM
From: TraderAlan	Read Replies (2) \| Respond to of 867

LemonFlavor, I think most people don't realize that momentum trading is only a subset of the available trading strategies and one that should be avoided most of the time. Livermore really didn't have any choice. The price swings in congestion weren't wide enough for him to draw profits because the lapse between orders and order fills back in those days ruled it out. But there absolutely no reason for us not to trade these ranges. In fact, congested ranges are much more predictable and yield a much higher percentage of winning trades than buying the breakout or selling the breakdown. Alanm