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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (16895)2/27/1999 6:59:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 44573
 
<while i share your exhuberance, and feel bullish almost all the time>

Yes but I only get this way once in awhile. Usually for good reason, but this time it's pure intuition. Normally I trust my intuition.

Sideways, well Monday could be sideways. My sense is that there is a rocket about to blast from the pocket.

I know you have to wait for PnF to turn and stuff like that. Day trading is somewhat different because one has to anticipate so one tends to rely on intuition more and so left brain is more honed than right. My right brain will analysis patterns and indicators, RSI, A/D H/L, MACD and so on until it decides and then my left brain will say "Jerk, you missed most of the move!"

Now to a position trader that means little. On the other hand however I won't lose much if I am incorrect.