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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: SnowShredder who wrote (8462)4/29/1999 4:49:00 PM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
collin, i don't like staying overnight with metals positions..but I am loaded with HM,ASL,ABX....along with oil of FLC, and old tech monster, ASTN....Since I have off Fridays, will probably trade the morning...
Love this Level II....I understand how now how market makers fade the trend, bait and switch, use INCA for a comrade to fool the trader...
Like detective work...

TRADER TIP OF THE DAY
Only 15% of stocks close near their high or low of the day...Thus if the trader has a small basket of highly volatile stocks that he follows, he can plot the intraday highs and lows(usually by 10:00 A.M), watch his level 2 and fast stochastic, determine entry at the low, and ride toward the day's high with a trailing stop...Quick profits for the nimble trader...