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Strategies & Market Trends : Daytrading Psychology -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (101)12/5/2000 7:30:55 PM
From: traderjamie  Respond to of 104
 
Excerpt from Gary Smith

activetradermag.com



To: the Chief who wrote (101)12/11/2000 7:58:23 PM
From: booters  Respond to of 104
 
which is as useless as the information the forecast provides.

Worse than useless, you may believe one of them. The trouble with this type of information or the use of information is taking a piece of one strategy and inserting it in another. The two may not be compatable.

I think the biggest problem traders have is taking projections from one time horizon and confusing it with another. Both may be correct but not at the same time. One must decide what information is needed for their strategy and then block out all other.

boots