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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (708)	5/14/1998 2:49:00 PM
From: Tom Trader	Read Replies (2) \| Respond to of 44573

>>Normally, I find my most consistant profits come when I only trade 1 to 3 times a day and take the afternoon off. Then, it's more like fun and not work at all.<< I guess that one of the pitfalls of day trading is that it is easy to over-trade. You are right that it is probably better to look for a couple of good opportunities a day and take them rather than trying to pick em all. I had a 5 1/2 point profit on my long trade and then decided to go for the gold and added at 1128 --ended up breaking even. Allan said that his system is to use a stop to go flat OCO MOC -- by the time the day is out he'll probably come out ahead of where I am -- and we both entered at the same time this am on the open.