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Wouldn’t day and/or swing trading be considered much like what you just described as ‘Wham Bam Thank You Mam’ ?
You stress sticking with one style of trading yet I believe an individual trader/investor can alternate styles given different market conditions.
Great recap, Chess..
especially for ‘Da Bears’.
Sooz,
Making adjustments is important but I think day-trading is not for everyone, and often erodes capital and confidence in a corrective market. Do what works best for you.
Thanks.
Far from a day~trader, Chess.
What about swing trades?
They could be considered ‘Wham Bam..’ if held for a shorter period of time..lets say 1~3 days
Agree…shortening timeframes for swings usually correct in this type of market.
Chess I needed to hear your recap tonight.
I have been a little to aggressive lately. Needed
a reality check… Thanks
Thank you, sir.
In my opinion, most people (besides intraday traders) should sit and wait until market conditions improve. I’m anticipating false moves in both directions..
Thanks, JB
chess,
I’m thinking about switching platforms and was wondering what i should use. how do you like tc2000? do you recommend it?
Pretty solid, Gav.