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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: Ken Wolff who wrote (435)2/1/1998 11:01:00 PM
From: Carroll E. Owens  Read Replies (1) | Respond to of 2120
 
Ken, Coyoti, Darth, Street et al:

I trust this question comes under "Tricks of the Trade".

Do you folks form a business for your individual efforts in daytrading? Is it worth it to use your hardware costs, publications, quote services, etc. as expenses? Or, is it better to eat them and not draw any unnecessary attention to your income sources?

Great thread!! I will be committing some posts to memory.

CEO



To: Ken Wolff who wrote (435)2/1/1998 11:37:00 PM
From: Clark Kent  Read Replies (1) | Respond to of 2120
 
Hello Ken, found this thread a couple of weeks ago. Excellent.

You mentioned your "students". I've been trying to successfully momentum trade for a number of years and always wondered if there was a course other than the "hard knocks" school I've been going to.

I read a couple of trading pyschology books and some TA stuff, but would like to sit down in class room atmosphere (cut down on the distractions) and really sink my teeth into it.

Is enrollment in a "trading/traders school" a regular occurrence--I've never heard of it.

BTW I tend to bottom fish small caps and pennies and shy away from anything over $3.00.
What's your thoughts on playing these stocks, I like them for their possibly higher percentages.

p.s. Sounded like KZAP was one of my students.<g>

TIA
Randy



To: Ken Wolff who wrote (435)2/2/1998 4:59:00 PM
From: taLuis  Read Replies (1) | Respond to of 2120
 
Ken, have you read or studied Linda Bradford Raschke's short-term trading methods? If so, could you please comment. Here is the link:

mrci.com

I just came across her articles last week and am finding a lot of useful information there.

Luis



To: Ken Wolff who wrote (435)2/3/1998 10:50:00 AM
From: TFF  Read Replies (1) | Respond to of 2120
 
Ken: Good post.