Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Patrick Slevin who wrote (2142)	8/20/1998 8:04:00 AM
From: Tom Trader	Read Replies (2) \| Respond to of 44573

>>Anyway, Jeff Mitchell thinks you are making a mistake thinking about this form of trading strategy. << Who is Jeff Smith--does he trade the futures?? For me the jury is out on whether this type of trading is something that I am cut out for and whether one can really make money at it. I'll give it a few months--unless I start losing money in which case, this will come to an end in a hurry. For me the frustrating part is waiting for the right entry for hours on end--and making sure that I don't jump the gun just to be in a trade for the sake of being in a trade.

To: Patrick Slevin who wrote (2142)	8/20/1998 9:10:00 AM
From: SE	Read Replies (1) \| Respond to of 44573

Tom - That is tomorrow I won't be around. Today I am here. However, for several reasons I am starting today way off kilter so I don't know that I will be watching much. Can't trade feeling like I do....I will just hose up another good week. Patrick - I thank Jeffery for his concerns, however, I think his concerns are those that I always read and hear. He knows nothing about the futures markets I think and probably even less about the SPOO and even less about the study, preparation and concern this issue has given me. If he saw the results from the last couple weeks he might change his mind, I don't know. He also probably does not understand the trading style, methodology or reasons behind the scalping as opposed to position trading (other than the fact that I cannot position trade!) I did decided to give the real test 8 weeks instead of 4 to see how it goes for a longer period of time. So far I have blown away all expectations.....bottom line, that is what matters. Can I do it and I am...business plan and all.... -Scott