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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: stuffbug who wrote (16353)	12/15/2014 7:49:52 PM
From: Davy Crockett	2 Recommendations Recommended By sixty2nds stuffbug Read Replies (1) \| Respond to of 33421

It's funny that you mentioned that... as I really like playing the hourly charts also.. It gives me a bit of a break. I don't have to watch every tick of the tape. Roughly speaking, I basically look at the market in the morning around 11:00am, then a couple of times in the afternoon. If things go the way that I think they should, then I stand pat... if not then I trade out of the position. edit: I use to watch every tick and tock and trade in and out, and in and out.. watching the five minute bars... For what reason? To make a few hundred bucks? It's not worth it to me anymore. I would much rather try to identify a trend in a 3x loaded ETF and go from there... much more proftiable... All FWIW only