'Day' trading versus 'End of Day' trading

Discussion in 'Trading' started by peugeot205, Jan 24, 2003.

  1. GD2KNO


    I do not know which is more profitable, but I was attracted to daytrading for two reasons:

    1. Never a thought about the market after the close of the last trade. And these days I feel that's even a bigger plus.

    2. No need to invest time "studying" the market or the news or the fundamentals. Just find the right mechanical system and trade it.

    It's a bit like a 6 1/2 hour horse race and I get to change horses anytime the system says so!
    #21     Jan 31, 2003
  2. ZBEAR


    Seems to me that,
    the majority of the Risk is to the downside for most Equities etc.,
    and to the upside for Gold - etc.

    For example a Worst Case Scenario:
    a Dirty bomb goes off in DC or some equivalent freakout (shades of 9-11 ).

    Lock Limit - blown stops - Closed Markets.
    How do you manage that ?
    Day or Swing ?

    ( other than hedge - you don't ).
    Place your bet's - take your chances -
    Trade 5% or less of your net worth.

    Perhaps some of you have more insight than I ?
    #22     Jan 31, 2003