POLL for short-term index traders: Price only, or other variables too?

Discussion in 'Index Futures' started by Thunderdog, Apr 16, 2009.

As a short-term intraday index trader, on what do you base your entries/exits?

  1. Price only

    15 vote(s)
  2. NOT price only: also volume and/or market "internals" and/or intermarket relationships, and/or indic

    30 vote(s)
  1. I'm curious to know how many other short-term intraday index traders only use price action for their entry and exit decision criteria. If you are a short-term index trader, then please participate in this poll.

  2. NOTHING beats classic support & resistance. Amateurs use indicators.
  3. Price and Volume provide all the information a trader ever needs.

    - Spydertrader
  4. I have tried using volume for the manner in which I trade in a number of different ways over an extended period of time (years) and have never been able to make it useful for me. It gives me about the same number of false positives as it does false negatives, so to speak. And so, I only use price.
  5. Damn! I've been trading since 1994 and I'm still an amateur. Sheesh. This business is tough...
  6. Really?? You haven't turned over enough rocks yet then.

  7. spd


    almost everytime ive used a macd "signal" to initiate a trade ive lost money. as soon as the price changes, the indicators change along with it.
  8. ammo


    pretty much everyone on ET is an amateur,self included ,the supp and res work for me also
  9. Say, aren't you Fred Flintsone from down at the quarry? :D