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


To: OZ who wrote (14217)9/22/2001 3:47:16 PM
From: fut_trade  Read Replies (1) | Respond to of 18137
 
"If one waits to buy the strong stocks after the index is breaking out, one finds that they are chasing the stocks that have already started moving as much as several minutes earlier"

This may sound silly, but try a longer time frame. If you're looking to open and close a trade in minutes, I think you will have lower success than if you open and close a trade in hours.

Also, try different break-out criteria. Some folks like to see a new daily high, some like a weekly high, some like a new 2-month high. I think it becomes more difficult to trade the shorter your time frame.

I haven't done any work with stocks, it's only an opinion.