SI
SI
discoversearch

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 : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: TraderAlan who wrote (14156)9/21/2001 8:48:07 AM
From: Dominick  Read Replies (1) | Respond to of 18137
 
TraderAlan:

"An investor should be more interested in the return OF his money rather than in the return ON in money."
William Rodgers, 1879-1935

Dominick



To: TraderAlan who wrote (14156)9/21/2001 11:00:35 AM
From: fut_trade  Read Replies (1) | Respond to of 18137
 
"<the profits will come from riding the small rallies in individual sectors and subsequently shorting them>

It's called swing trading ;-)"

Does anyone know what the success rate is for catching swings? I would guess about 60%-80% for a good system. And if one has a bad system (I'm sure there are many more bad systems then good systems)...well then they will see red.

And then there is the issue of stop placement...

The best systems I have seen that were numerically tested are break-out systems. I doubt one will find success riding small rallies.