What?? a scalper is the lowest form of trader IMO.he has no opinion by definition he just scratches for his crumbs.basically clueless
intraday to weekly of course ...look no offense meant just that scalpers are bottom feeders (by definition)
Longshot, I took no offense. I think I understand what you mean, and I do not disagree with it. I actually do have a very strong idea of what the markets will do, but honestly, I have never acted on those assumptions on a single trade in my life when I have felt that way. Therefore I refrain from giving my "opinion" since talk is cheap and not worth a damn. If I had money riding on that decision, I would feel more comfortable saying what my position was and the time frame that I was looking to be proven right or wrong. nitro
just what i mean.ascalper may have strong feeling but no balls to act so he takes the quick in and out hoping to somehow avoid probability.
Anyone who actively puts their money at risk, be it the investor down to the scalper, has "balls." To use a Chess analogy, some people like to play the Ruy Lopez, and others like Sicilian Dragons - neither requires more "balls" then the other, though one opening is "sharper" than the other. It's a matter of style and knowing where your talent(s) are the greatest. nitro
So what do I win? Gave you the basic range for overnight; you guys make money bouncing around my range?