Maybe there's more to mookie's technique than you realize: http://www.cnn.com/2002/TECH/science/07/31/dogs.reut/index.html
Got a few chores to do, so I just traded the first hour. Decided on discretionary, 2 to 4 contract, tight stop, scalp mode today. While there will be no self-flagellation (coulda, woulda, shouldas) on this thread, I always appreciate feedback regarding my trading style. Those not wishing to tarnish their reputations with such a dubious association may PM me. +5.50 pts / 20 RT
I decided to play bunker after a good start and mentally closed shop at 9:38am, finally saying goodbye to X_Trader at 11:00am. Apart from X_Trader which is purely execution s/w without any graphics, I have nothing else open on my screens - in fact I rely on the bottom right corner of CNBC for the Dow and Nasdaq index quotes. The only indicator I use is SOMP. +13.0 pts / 6 RT
all done at 11, what you do for the rest of the day? nobody have anything to say even though your trade had been viewed 31 times?
Got into a highly unsynchronized scalping frenzy trading 4 contracts and was duly punished -62.75 pts / 483 RT
OMG! :eek: Focus on quality, not quantity! 3 or 4 nice catches is all you need to make your day... somehow 483 roundtrips and a loss of over $3000 for all that effort isn't the most efficient way to go (but at least your broker is happy)...