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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: 1stSunRay who wrote (606)10/26/1997 7:40:00 PM
From: GeneM  Read Replies (1) | Respond to of 12617
 
1stSunRay: I think what irby is trying to determine is whether or not you are trying to portray your theories as those of a day trader. Personally, I think what you espouse is valid, but more for position trading than day trading. For example, I could not imagine trying to day trade without using Level II, you give up way too much to the MM's without it. I have been day trading for about 3 years now, and would find it near impossible without Level II. However, even as (what I consider a pure) day player, I have been forced (emotionally) into a position status; but, what it does is decrease (even though for a short time) my earning power as those funds might be tied up for some time.

GeneM



To: 1stSunRay who wrote (606)10/26/1997 7:59:00 PM
From: TFF  Respond to of 12617
 
1stSunRay: I just like to know where a person is coming from when they talk about their trading strategy. It helps alot to know which type of trading you do. I am not saying one is better than the other, just that many people throw around the term daytrading and usually mean position trading.


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