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

To: Richard Estes who wrote (2694)	1/28/1998 1:00:00 AM
From: TFF	Respond to of 12617

Richard:>>> Under the sun....That WOULD be a much better place to discuss Day Trading systems!....here's to everyone who makes it to pool side! Cheers!

To: Richard Estes who wrote (2694)	1/28/1998 8:04:00 AM
From: Steve G.	Read Replies (2) \| Respond to of 12617

<<There is nothing new under the sun.>> I agree, (actually, I wanted to say the exact same thing). A friend of mine works at his shop. I call/fax each morning with my picks; the name of the stock and my entry price. It does not change my performance in the least. Over the past two days, four of the stocks have moved for more than 3 points in the day. Unfortunately, I will be at another shop in a few weeks and will be less genereous(sp) with the information. Will it change things? No, but I believe people need to do their own homework, whether it is reading books and implementing someone else's system or devising their own. BTW, I just purchased Nison's Candlestick book. It came highly recommeded and appears full of useful information. Anyone read this book and have comments? Other books I have found useful (in no particular order); The Inner Game of Trading The Way of The Warrior Trader Street Smarts Hit and Run Trading Trading by the Book Trading by the Minute Market Wizards Sincerely, Steve

To: Richard Estes who wrote (2694)	1/28/1998 6:41:00 PM
From: xstuckey	Read Replies (2) \| Respond to of 12617

I trade a strictly mechanical model of my own design. Not a single buy/sell/hold decision is left to the discretion of the trader. If the reader traded this model on Intel as I do, our results would vary only by our abilities to match the target price, which is the current price at the time the trade signal is given. I am prepared to argue that this type of system is the most difficult of all to trade because you infrequently get to make a trade that you think will actually produce a positive result. I envy those who trade "by the seat of their pants" because you at least have conviction going for you, a luxury rarely afforded by my model. Best Trading, X