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


To: steve goldman who wrote (2883)2/7/1998 11:41:00 AM
From: TFF  Read Replies (1) | Respond to of 12617
 
Steve: Interesting. It never ceases to amaze me how limitless the possibilities are for effective trading strategies.

One thing I have found from my trading experience is that my state of mind plays the most important role in determining my success or failure. I truly believe that given certain basic trading rules and a belief in one's trading system(not matter how unconventional) that one can be very successful. Unfortunately most novice traders seems to spend 80% of their time trying to find the holy grail of trading systems rather than spending 80% of their time developing the proper state of mind to trade successfully.

Keep Your Eye On The Ball:

Message 3276479

Cheers!



To: steve goldman who wrote (2883)2/7/1998 6:32:00 PM
From: steve goldman  Read Replies (2) | Respond to of 12617
 
Idea...

What about starting a Thread called #1 Day Traders Site - The Final Frontier Correlations

We could discuss the correlation between certain stocks, sectors, sectors and the markets etc., in the goal of developing an understood correlation (whether it be -1 or 1) between certain variables.

Posts might be something like:

" I feel that XYZand ABD are positively correlated because ......" We could then all put these stocks on our screens, track them for a few days and see if the theory holds water, along the way refining the correlation, bringing in other stocks etc.

Who knows? maybe we can develop a great correlation between just a few which leads to a number of great trades. Between all the depth and variety of experiences on these threads, I would assume we should be able to come up with something.

Personally, I don't really want to start another thread myself as I take my "responsibility" of hosting the Trading Desk Thread Subject 15612 and kind of run out of time most of the days anyway,
so I would ask if some like Alex R. is interested, to please startup a new thread on the Short Term Trading section. ....I am sure you would get a lot of interest. I, for one, would definately contribute.
Regards,
Steve@yamner.com