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: coug who wrote (8730)	11/18/1998 8:46:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

Still working with the ADX as well? Throwing around so many indicators is tough business. I found myself yesterday going back to the method I used last summer and, had I traded it, it would have done very well. I wished to buy the pullback before the announcement and reverse it at 56. I had already established a positional trade from 36, however, and wanted to see how it worked out. With Globex now at 40.90 I can honestly say that at this point I would be far more profitable had I stuck to just day-trading; not to mention the times I missed out on trades or got crushed on trades in the past because I was trying to think both ways instead of just day trading. ~~~~~~~~~~~~~~~~~~~ While away this weekend I will be trying to learn a more sophisticated day trade method, scrapping all the positional methods. The only one I will continue is the Neural Net. Speaking of which, I shall be working on that all day once again and shan't be around. I'd like to have it to the point where I can fiddle with actual models on the plane. Besides, as long as the existing trade is "positional" I would not be day trading anyway.