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Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?! -- Ignore unavailable to you. Want to Upgrade?


To: Spirochete who wrote (8)1/17/1999 8:46:00 AM
From: AnnaInVA  Read Replies (1) | Respond to of 611
 
Michael, from my own experience, there isn't much
to trade during lunch hours. Shares tend to open higher,
that is why I like to buy at the end of the day - they
then like to dip, offering another buying opportunity around
10:20 or so, until 11:30 when the
"Street" crowd is said to go to lunch and hit their own
computers, when some shares tend to rise again. After that
it is pretty quiet until after 3pm when the next morning "gappers"
unfold ...........
All this being EST of course, grin ....



To: Spirochete who wrote (8)1/17/1999 10:02:00 AM
From: SpongeBrain  Respond to of 611
 
If you can do it at work, I'd do that for a while to get a better feel. A perfect situation!
You might get crushed and think "Thank god I have a regular job" or you might say "Loook how much I've made, how would I have done if I was 100% focused?" That is the conflict.



To: Spirochete who wrote (8)1/17/1999 10:44:00 PM
From: Geigartt  Read Replies (1) | Respond to of 611
 
Re: Trading from Hawaii or on a voyage.

The traders I know have 2 17" screens giving them lots of data -- kinda makes the stateroom crowded doesn't it?, and the time difference from Waikiki is 5 hours I believe, so you would be starting your day at 4AM (9 ET). I'm not trying to be a wise guy, and you are right about the state of communication today, but I welcome to trade against us in our offices with just your cell phone. I'll eat your lunch. <g>



To: Spirochete who wrote (8)1/18/1999 3:16:00 PM
From: WarriorWizard  Respond to of 611
 
I know that it's exciting to see the market's move and see all the $$ being exchanged. I am a full time daytrader. Daytrading is a full time job.Perhaps there are those out there who can trade part time and do well -- more power to you! As for me, I need my full concentration during the market hours.