Making a direct comparison between Hitman's and TraderX's styles is not appreciating the role of probability in Hitman's scalping strategy versus TraderX's momentum trading. I have respect for both of these traders. Mathematically, both traders can be as successful as eachother. I am about to make some assumptions to clarify my last point... HITMAN'S CONSERVATIVE STRATEGY: Let us suppose Hitman's conservative NYSE scalping strategy scores 70% of the time, and when he scores he makes $300, and when he loses he loses $100... then, on average Hitman can expect to make the following amount per trade: (70%x300)-(30%x100) = $180 before commissions Let us assume that Hitman can find 3 such opportunities per day within his wide NYSE universe. So let us hypothesise that Hitman can ON AVERAGE score about $500 a day (approx. = 3x180) TRADERX'S HOME RUN STRATEGY: Now onto TraderX's macho Nasdaq strategy which is very likely to score a much lower % of the time but, when it does score, it will score VERY big. Let us assume that TraderX scores only 30% of the time, but he manages to make $1000 when he scores and lose $100 when he loses. On average, then, let us assume that TraderX makes the following amount per trade: (30%x1000)-(70%x100)= $230 before commissions Let us assume that TraderX's holding period in his momentum trading is considerably longer than Hitman's and that the availability of stocks fitting TraderX's criteria is rather limited. So let us assume that TraderX can find only 2 good set-ups a day. So TraderX can on average ALSO SCORE about $500 a day (approx. 2x230). Hitman and TraderX, please understand that my above numerical assumptions are hypothetical (and are purely based on the well-understood risk/reward/probability paradigm). Therefore, please don't correct me on my assumptions, since I am only using your strategies to make a generic trading-style conclusion, not a conclusion specific to your own trading accounts. The above analysis mathematically indicates the potential profitability equivalence of Hitman's and TraderX's strategies... this, hopefully, should serve to stop the bickering on Hitman's excellent July thread. At the end of the day, a trader should understand his personality and use that understanding to gravitate towards the most appealing trading style. People who like to be correct frequently, should go for Hitman's conservative approach. The per trade gain will be small, but they will be more probable. For people who want to go for home runs, and who are not bothered about being correct frequently, they should go for TraderX's approach. I suggest that Hitman's approach would be more suited to the more perfectionist (and perhaps less macho-type) personalities. I suggest that TraderX's approach would be more suited to the more aggressive personalities, who have the psychological capacity to withstand long drawdown periods.