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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: big run who wrote (9483)	2/19/1999 11:37:00 AM
From: TA2K	Read Replies (1) \| Respond to of 12039

"Majority of my buys are towards the end of the day. The sells are usually in the morning." That's the conclusion I'm reaching as well. On the buying side, watching intra-day it is so, so tempting to want to buy something earlier in the day, when you think a signal 'might' have just been generated, and volume there seems to be picking up. But I think the saner approach (of course, not for everyone) is to push the buy button toward day's end, when things are settled down, and your 'previously-conceived expectations' are jiving with that stock's price action.

To: big run who wrote (9483)	2/20/1999 9:45:00 PM
From: Dave O.	Respond to of 12039

< I spent a week a couple of years ago in front of a level 2 screen to see if I could daytrade. That was definately not for me! > I spent almost a year day trading ... pretty intense isn't it? Although I was batting over 75% I let a few get away from me and that wipes out a lot of teenies, eighths, quarters. And watching market makers gap stocks at the open only to pull them back is one reason not to buy at the open, which you implied you stay away from. Going back and using TA for short term trades proved to be less stressful and more profitable for me. Dave