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

To: Dave O. who wrote (17314)	6/17/2005 12:05:39 AM
From: Threei	Respond to of 18137

Well, I always tended to scalping, so aside from profit getting smaller on a given trade not much changed to me... although this is undesirable change, hard to argue... No more "click- click, 3/8 pocketed, pretty nice on 1000 shares for 1 min trade". I agree with you, percentage of scalps increased in my trading vs day or swing trades. When I recorded trades for videocourse, I had in mind to record all of them, then just filter out those that did not fit in scalp definition. What do you know, there were not as many to filter out... :) On the topic of mtodology change, there is probably a difference ned to be stated: strategy vs tricks. Tricks do change all the time as they exploit some temporary market inefficiency that tends to get closed relatively fast. Example would be ECN arbitrage that Eric mentioned. Strategies, however, do not change that much I think. Deatils change, timing of entry/exit changes, degree of aggressiveness change... but the major forces that move the market and, accordingly, the method of reading of the movement is pretty much the same. If I had to make a screenshots for Techniques of Tape Reading today, I would have no troubles finding plenty of illustrations just the same as in 2001. Maybe this distinction will be different for someone using another method of reading the markets, but tape reading is based on such fundamental things that I have hard time imagining a change in them...