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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Don Pueblo who wrote (5072)1/4/1999 5:07:00 PM
From: Dave  Read Replies (3) | Respond to of 90042
 
TLC,

Good question...

I am still trying to learn so be gentle - LOL.

I am assuming (maybe incorrectly) that the need to move quickly is less important in a position trade than with a daytrade and that, if I could get instantaneous execution, the gain in % terms might be negligible. Regardless, if I want instantaneous execution, I will have to sit and stare at the computer all day anyway, so I might as well day trade. That defeats Tim's comments about decreasing the amount of time at the computer, etc. I agree - it can wear on your health.

If I had Level 2, I would probably do a bit of both, which is more realistic anyway.

Dave