SI
SI
discoversearch

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: SE who wrote (15232)2/10/1999 6:57:00 PM
From: Stoctrash  Read Replies (1) | Respond to of 44573
 
Ditto, ...I completely agree.
I'm not saying stocks or futures can't or are not the way to "happy trading", but simplicity is key for me.



To: SE who wrote (15232)2/10/1999 10:09:00 PM
From: SE  Respond to of 44573
 
A follow-up. I happen to hang glide.

-Scott
-----------
Subject:
Day vs Position Trading
Date:
Wed, 10 Feb 1999 11:44:35 -0500
From:
xxxxx
To:
"Omega List" <omega-list@eskimo.com>

<<Daytrading and leverage of the SP contract do no necessarily have
something to do with each other. One can trade happily long term
positions in the SP as an overlay to a stock portfolio without
leveraging the portfolio.>>

*****Absolutely! But the question was why anyone would want to day-trade.

<<The main issue regarding daytrading is transaction costs and reaction
time. If you cannot compete in these two areas then you will not
succeed in daytrading since the floor tends to absorb most of the
small inefficiencies IMVHO.>>

*****Again, absolutely! Looking at the larger picture, why would anyone
want to hang-glide, ride a motorcycle, ocean surf, or become president of
the United States? I guess each his own.



To: SE who wrote (15232)2/10/1999 10:26:00 PM
From: Gary E  Read Replies (2) | Respond to of 44573
 
Scott, from the "Day vs Position trader" post
<<<<As an intermediate market timer using mutual funds, I
can spend a few minutes at the end of the day (or even the next day) to
assess my timing model and go long or short appropriately. I only have
to be "right" once and I don't have to pick the exact optimum day>>>

How would one short a mutual fund ?

HG