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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: LemonFlavor who wrote (10962)	12/15/2000 5:02:34 PM
From: LemonFlavor	Respond to of 18137

didn't mean to reply to booters with previous message. just copying the text.

To: LemonFlavor who wrote (10962)	12/15/2000 5:23:43 PM
From: Threei	Read Replies (1) \| Respond to of 18137

LF, why do you think that scalping does not require TA knowledge? When scalp trade is initiated in accordance with TA it has much higher probability of success and plays out very nice if you take half of profit on first resistance and ride the rest if you feel stock has more potential. It's something you can't do if you scalp on pure Level 2 strength. This method makes life so much easier... you secure profit and get rid of psychological pressure. But it can be done only when you see support/resistance based on TA or tape reading (which is the same, just in different visual). Vadym