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Strategies & Market Trends : SOES Trading -- Ignore unavailable to you. Want to Upgrade?


To: TraderAlan who wrote (1584)8/11/1998 10:38:00 AM
From: FDHIII  Read Replies (1) | Respond to of 1618
 
Thanks Fastrader and TraderAlan...

I'm only 21 and have only been doing this full time for about 3 or so months and it truly is nice to see some other people doing the same as me...TraderAlan; I have two approaches I use to take out some of the "jiggle-jaggle" as you put it. One is that I put a timer on the side of my computer...if the stock moves sideways for 30 seconds or more I sell, feeling that my capital can be used more wisely somewhere else,
or approach no 2. is that I sell at the slightest move down of 1/16 or 1/8. Otherwise I watch the trades go through and I hold the stock if it is going up until the action slows. This approach usually works with the fast execution of SOES and I can make a 1/4 or 1/2, 6 to 8 times a day! I would love to hear some others ideas on how they trade and on how they trade...

I appriciate any help you could give-

Franz~