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

To: stockycd who wrote (21207)	4/15/1999 8:38:00 PM
From: Brian Hornby	Read Replies (1) \| Respond to of 44573

Err - I hate to say this but I am a position player. Furthermore, I feel position trading is easier and you are more likely to make a profit than day trading. Most people who try to day trade end up getting blown away. A few are successful, like Patrick. The only money I ever have made trading is position trading. In any case - it is all in the time bar you are using. If you day trade, you have to be fast on your feet and use a bar of 1-10 minutes or so. Also do your TA quickly, make objective decisions quickly, and keep your emotions down. Position trading you have a whole night to evaluate and think after every time bar. I find it easier personally.

To: stockycd who wrote (21207)	4/15/1999 10:54:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

Along with what you are saying I think it may be more difficult to daytrade unless you keep in practice. If you are doing it just once in a while it may be that one would lose the edge as a result of "ring-rust" That's my experience anyway.