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Strategies & Market Trends : Book: Hit And Run Trading by Jeff Cooper -- Ignore unavailable to you. Want to Upgrade?

To: Deep Margin who wrote (394)	8/4/1998 9:42:00 PM
From: David Meyer	Respond to of 438

Hi DM - Are you Day Trading? If so what broker are you using? Are you using Trade Station or Super Charts? We exchanged posts some back when you were first trying Jeff's Hit & Run. You might have told me some of the above and I forgot. Also, did you get his 5 Day Momentum Book or his latest edition of the Hit & Run? Regards, DM

To: Deep Margin who wrote (394)	8/8/1998 11:27:00 AM
From: username	Read Replies (1) \| Respond to of 438

I trade via Terra Nova (TNTO) and SOES; electronic day trading. I've tried everything, lost money at everything. I have a live Dow Jones news feed, I use two monitors, and have pretty much abandoned all the exotic TA stuff that I had developed over the last 10 years. I have a "system" that is pretty simple, I watch the S&P futures, the COMP, the INDU and the Bonds. I short weak stocks on down reversals and buy strong stocks on up reversals intraday. Example: I watched ERICY on Friday all morning, it traded a million shares and refused to go up in a very strong market. I shorted it at 10:45 a.m. (26 11/16) and doubled my position at around 12:30 p.m., when it looked like the market would go south. Got 3/4 and didn't have to agonize the stock moving against me. Punch up ERICY on a 10 minute bar and you'll see what happened; remember what the Dow and COMP did in the morning. quote.com I agree about the tight stops. If I have a trade go 3/8 against me, I get out. No ifs, ands or buts. The only way I have ever lost more than I wanted to was by letting a loser go against me too far. I think if you want to trade successfully, you have to be able to pull the trigger and get filled in one second. That's what I do. Here is the first such place I heard about. I don't use them, I don't hype them, I am merely pointing out one possible resource. broadwaytrading.com