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sync: yes, but this is just a small fraction of the material i use.You can find more for the time being at : http://radio.weblogs.com/0133588/ and www.deltat1.commainly relating to trading index futures
chico: hey there, i appreciate your exegesis on communication as it relates to economics. does this approach to stock analysis really help you predict specific stock movements, or do you have to be invested before you can make the analysis?
Hailey: What a sweet picture! Your site is very unique, neat material! Welcome to Bravenet!

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Sunday, June 27th 2004

5:22 PM

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Different people have different styles. Comfort can be a personal preference. Risks are seen differently from different points of view.

 

In Trading one main difference in style is how often a trader trades. Some traders trade 100 times a day and are quite comfortable with their style of trading. Others trade twice a day and this suits them. Then there are swing traders who may open and close a position over a period of days or weeks. And of course investors.

 

Here is a chart showing intraday price swings:

View Picture

A different style of trading might see only 2 trades or even 1 trade worthwhile for that style. A purely scalping mode of trading might involve even more round trips in a day.

Looking at how much gain is available on this chart, compared with what an investor who was long may have made gives a trader an idea of how much his risk/reward may have been changed ... if he can take advantage of the style of intraday trading.

 

I have seen "traders" who intended to trade according to market turns, but who then changed their style mid trade when it was moving against them. This actually leaves them without a style, they are trading on hope or gambling.

 

Discipline involves trading with a consistent style. You don't have to get married to a trade, but you should be consistent with your style that you have developed.

 

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