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Strategies & Market Trends : E-Mini Pit -- Ignore unavailable to you. Want to Upgrade?

To: hypostomus who wrote (292)	2/7/2002 5:22:51 PM
From: the-phoenix	Read Replies (1) \| Respond to of 11288

Hypo- fishy <g>: I know of a very successful NQ trader who makes most of his trades off a one or two minute chart and holds for usually just a few minutes, looking for maybe 5-8 points per trade, same as you. He has a publicly-stated goal to make $1.2 million this year. He trades 20 contracts at a pop. Nothing wrong with your strategy, from that standpoint. My longest hold today was 15 minutes, not counting what I held overnight. I usually would do better holding longer, tho. One of my demons is taking myself out of winning trades too soon. I would be glad to discuss my trading style, but I warn you that I am not much of a trader and my style is pretty unorthodox. But, since I made the switch from trading QQQs to NQs recently, I will share with you what I can about that. In many ways, the Qubes are harder, IMHO. Phoenix