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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (41643)11/17/2000 1:49:51 PM
From: ~digs  Respond to of 57584
 
<<<best thing to do is just take it as it comes, minute by minute>>>

Agreed. I returned to trading at the beginning of November with the intention of going long... but haven't had the fortitude to do so. I've decided that until we break out away from the apex of that big descending wedge in compx weekly... there's no sense in making large bets on either side of the game.

What has worked remarkably well for me over the past few weeks is intraday scalping. Find charts with 1 million+ average volume and big percentage swings in price... most of whom are generally on the point winner/losers list. Then use your charting techniques and go from there. I'm finding that about 2/3 of my trades are short so far. Not holding much overnight at all.

Was watching FDRY for scalp on long side... just missed it.