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To: Patrick Slevin who wrote (42718)5/8/1998 1:02:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 58727
 
>>As long as it fits in with your overall strategy you should not have too many miscues. Your core position is long, so all you are doing here is re-affirming your posture for a quick hit.<<

You are quite right as to why I was willing to go long for a day trade. The tough part for me is the mind-set of hit and run. Not really my style, though it could become so, if I make money doing it!!

The parts that I need to define/refine further is the best entry point and exit point. At this point, I feel that there is method to my madness--but not systematic method, if you get my drift:)



To: Patrick Slevin who wrote (42718)5/8/1998 1:17:00 PM
From: joe smith  Read Replies (1) | Respond to of 58727
 
patrick,

you and tom are having too much fun. congrats on your recent success rate. how is trading futures different from options? why do you prefer futures over options?