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


To: Brian Hornby who wrote (21235)4/16/1999 10:26:00 AM
From: Patrick Slevin  Read Replies (2) | Respond to of 44573
 
I don't know if a position player could match that, recall it's over a thousand points per contract.

I also don't know how his subscribers do as I don't mirror his trades. I just use the site for content.

Whatever. He was not scalping 1.5 points a trade though. The net was 1.5. So if he lost 2 points over here and made 3.5 over there it's net 1.5

In any event, scalp a point 4 times a day and it's a thousand bucks per contract per day. That's a viable income.

Actually it's almost lazy. You are rarely in the market more than a half hour, hour a day. It's just a question of patience. But whatever works. Position definitely does not for me. I tried it in October and had the worst month I ever had. I tried it yesterday and it was the worst trade I ever had.

What works for one is not for another.